WLDSW Company Profile and Key Details

WLDSW has shown mixed momentum, gaining 5.56% over the past week and -43.56% over the past quarter, though year-to-date performance is down -61.11%. Average 10-day trading volume of 262.00 shares is below the 3-month average of 518.28, indicating normal recent market interest.

Wearable Devices Ltd. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$1.95. This means the shares are trading below this model’s fair value.

Wearable Devices Ltd. (NASDAQ:WLDSW) closed at $9.49 USD, losing -$1.71 (-15.27%) from the previous close of $11.20. The stock is currently trading near its 52-week high $2.79 and $9.49. With a market capitalization of about $2.45 million, Wearable Devices Ltd. is classified as a micro-cap and shows higher-than-market volatility (beta ~2.98). Key stats such as the average daily volume over the past year has been around 394.00 shares, trading with heavier-than-usual volume. Headquartered in Yokneam Illit, TA, Wearable Devices Ltd. operates in the Technology sector and the Consumer Electronics industry. Led by CEO Asher Dahan, the company employs approximately 25 people and listed since September 13, 2022. Wearable Devices Ltd. specializes in pioneering a non-invasive neural input interface designed to control digital devices through minute finger movements.

Wearable Devices Ltd. trades at a P/E ratio of -0.04, slightly below the S&P 500 average, with a price-to-sales ratio of 0.26 and a price-to-book ratio of 0.16 suggesting the stock is closer to book value. The P/FCF stands at -0.02, also below market averages.

Our AI price prediction model suggests that Wearable Devices Ltd. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -99.26%, with price expected at $0.07 by November 24, 2023, within a range of $0.04 to $0.10

Wearable Devices Ltd. (NASDAQ:WLDSW) shares are down -61.11% year-to-date Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Wearable Devices Ltd. trading at a premium to the broader market with a P/E of -0.04.