Wearable Devices (NASDAQ:WLDS) Upgraded to “Hold” at Wall Street Zen

Wall Street Zen upgraded shares of Wearable Devices (NASDAQ:WLDS) to a hold rating in a research note released on Saturday morning.

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Wearable Devices in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Wearable Devices has a consensus rating of “Sell”.

Wearable Devices Price Performance

NASDAQ WLDS opened at $2.59 on Friday. The company’s 50-day simple moving average is $2.32 and its 200 day simple moving average is $3.82. Wearable Devices has a twelve month low of $1.30 and a twelve month high of $102.60.

Institutional Trading of Wearable Devices

A hedge fund recently bought a new stake in Wearable Devices stock. Armistice Capital LLC bought a new stake in Wearable Devices Ltd. (NASDAQ:WLDS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 376,202 shares of the company’s stock, valued at approximately $429,000. Armistice Capital LLC owned approximately 6.31% of Wearable Devices as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 0.24% of the company’s stock.

Wearable Devices Company Profile

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.