Wearable Devices (NASDAQ:WLDS) Shares Set to Reverse Split on Thursday, October 10th

Shares of Wearable Devices Ltd. (NASDAQ:WLDS) are going to reverse split on Thursday, October 10th. The 1-20 reverse split was announced on Monday, October 7th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 9th.

Wearable Devices Price Performance

Wearable Devices stock opened at $0.22 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.34 and a quick ratio of 1.00. The business’s fifty day simple moving average is $0.34 and its two-hundred day simple moving average is $0.41. Wearable Devices has a 12 month low of $0.20 and a 12 month high of $1.13.

Wearable Devices Company Profile

Wearable Devices Ltd. engages in the development of a non-invasive neural input interface for controlling digital devices using subtle touchless finger movements. The company offers Mudra development kits that enable users to control digital devices, including consumer electronics, smart watches, smartphones, AR glasses, VR headsets, televisions, personal computers and laptop computers, drones, robots, and others through finger movements and hand gestures; and SNC sensor module, an operating system (OS) software package and algorithm package to customers.