Wearable Devices (NASDAQ:WLDS) Shares Up 5.3% – Time to Buy?

Wearable Devices Ltd. (NASDAQ:WLDSGet Free Report)’s stock price was up 5.3% during mid-day trading on Monday . The company traded as high as $2.05 and last traded at $1.97. Approximately 260,365 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 199,987 shares. The stock had previously closed at $1.87.

Wearable Devices Stock Performance

The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. The company’s 50 day simple moving average is $2.30 and its 200-day simple moving average is $5.74.

About Wearable Devices

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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.

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