Wearable Devices Ltd (NASDAQ: WLDS) is -59.88% lower on its value in year-to-date trading and has touched a low of $1.32 and a high of $16.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WLDS stock was last observed hovering at around $1.88 in the last trading session, with the day’s gains setting it 0.88%.
Currently trading at $2.76, the stock is 24.44% and -22.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.39 million and changing 46.81% at the moment leaves the stock -62.62% off its SMA200. WLDS registered -60.94% loss for a year compared to 6-month loss of -63.68%. The firm has a 50-day simple moving average (SMA 50) of $3.63654 and a 200-day simple moving average (SMA200) of $7.412935.
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The stock witnessed a -20.69% gain in the last 1 month and extending the period to 3 months gives it a -63.97%, and is 85.23% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 26.77% over the week and 17.44% over the month.
Profit margin for the company is -1751.72%. Distance from 52-week low is 108.71% and -82.75% from its 52-week high. The company has generated returns on investments over the last 12 months (-441.98%).
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Wearable Devices Ltd (WLDS) Top Institutional Holders
The shares outstanding are 20.39M, and float is at 0.94M with Short Float at 2.31%.
The top institutional shareholder in the company is CITADEL ADVISORS LLC with over 0.18 million shares valued at $0.1 million. The investor’s holdings represent 1.1115% of the WLDS Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 83447.0 shares valued at $48091.0 to account for 0.5151 of the shares outstanding. The other top investors are UBS GROUP AG which holds 61613.0 shares representing 0.3803% and valued at over $35489.0, while GOLDMAN SACHS GROUP INC holds 0.1682 of the shares totaling 27245.0 with a market value of $15701.0.
Wearable Devices Ltd (WLDS) Insider Activity
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