Wearable Devices Stock Today

WLDS Stock  USD 0.99  0  0.30%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

Very High

 
High
 
Low
Wearable Devices is selling for under 0.98699999 as of the 17th of February 2025; that is 0.3% down since the beginning of the trading day. The stock's lowest day price was 0.95. Wearable Devices has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 18th of January 2025 and ending today, the 17th of February 2025. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
13th of September 2022
Category
Technology
Classification
Consumer Discretionary
Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company was incorporated in 2014 and is based in Yokneam Illit, Israel. Wearable Devices is traded on NASDAQ Exchange in the United States.. The company has 3.49 M outstanding shares of which 49.31 K shares are at this time shorted by private and institutional investors with about 0.08 trading days to cover. More on Wearable Devices

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Wearable Stock Highlights

Thematic IdeaComputers (View all Themes)
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Computers, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Consumer Electronics, Technology, Computing (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01180.0124
Notably Down
Slightly volatile
Gross Profit Margin0.270.28
Sufficiently Down
Slightly volatile
Total Current Liabilities1.7 M1.6 M
Fairly Up
Slightly volatile
Non Current Liabilities Total237.7 K250.2 K
Notably Down
Slightly volatile
Total Assets4.9 M8.7 M
Way Down
Slightly volatile
Total Current Assets4.7 M7.8 M
Way Down
Slightly volatile
Wearable Devices can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wearable Devices' financial leverage. It provides some insight into what part of Wearable Devices' total assets is financed by creditors.
Liquidity
Wearable Devices currently holds 575 K in liabilities. Wearable Devices has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Wearable Devices' use of debt, we should always consider it together with its cash and equity.

Other Cashflows From Financing Activities

1.33 Million
Wearable Devices (WLDS) is traded on NASDAQ Exchange in USA. It is located in 5 Ha-Tnufa Street, Yokneam Illit, Israel, 2066736 and employs 28 people. Wearable Devices is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.44 M. Wearable Devices conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 3.49 M outstanding shares of which 49.31 K shares are at this time shorted by private and institutional investors with about 0.08 trading days to cover. Wearable Devices currently holds about 320 K in cash with (8.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Wearable Devices Probability Of Bankruptcy
Ownership Allocation
Wearable Devices maintains 8.3 (%) of its outstanding shares held by insiders and 5.34 (%) owned by institutional investors.
Check Wearable Ownership Details

Wearable Stock Institutional Holders

InstituionRecorded OnShares
Citadel Advisors Llc2024-09-30
106 K
Ubs Group Ag2024-09-30
43.4 K
Goldman Sachs Group Inc2024-09-30
27.2 K
Susquehanna International Group, Llp2024-09-30
21.4 K
Hrt Financial Llc2024-09-30
12.7 K
Commonwealth Equity Services Inc2024-12-31
0.0
Xtx Topco Ltd2024-09-30
0.0
View Wearable Devices Diagnostics

Wearable Devices Historical Income Statement

At this time, Wearable Devices' Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 9.9 M in 2025, despite the fact that Operating Income is likely to grow to (7 M). View More Fundamentals

Wearable Stock Against Markets

Wearable Devices Corporate Management

Shmuel BarelVice DevelopmentProfile
Masahiro YamamotoGen OperationsProfile
Guy WagnerChief CoFounderProfile
Tamar FleisherChief OfficerProfile
Leeor LangerCoFounder CTOProfile
Alon CPAChief OfficerProfile
Asher DahanChairman CoFounderProfile

Already Invested in Wearable Devices?

The danger of trading Wearable Devices is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wearable Devices is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wearable Devices. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wearable Devices is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Wearable Stock Analysis

When running Wearable Devices' price analysis, check to measure Wearable Devices' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.