Wearable Devices (NASDAQ:WLDS) Shares to Reverse Split on Monday, March 17th

Shares of Wearable Devices Ltd. (NASDAQ:WLDS) are going to reverse split on Monday, March 17th. The 1-4 reverse split was announced on Thursday, March 13th. The number of shares owned by shareholders will be adjusted after the closing bell on Friday, March 14th.

Wearable Devices Stock Performance

Wearable Devices stock traded down $0.13 on Thursday, reaching $0.49. 178,058 shares of the stock were exchanged, compared to its average volume of 329,615. The company has a quick ratio of 1.00, a current ratio of 1.34 and a debt-to-equity ratio of 0.08. Wearable Devices has a twelve month low of $0.49 and a twelve month high of $16.00. The firm has a fifty day moving average price of $1.11 and a two-hundred day moving average price of $2.74.

About Wearable Devices

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.