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

Wearable Devices Ltd. (NASDAQ:WLDS) shares are going to reverse split before the market opens 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 Price Performance

Shares of NASDAQ:WLDS traded down $0.13 during mid-day trading on Thursday, reaching $0.49. The company had a trading volume of 178,058 shares, compared to its average volume of 329,615. The company has a current ratio of 1.34, a quick ratio of 1.00 and a debt-to-equity ratio of 0.08. The company’s 50-day moving average price is $1.11 and its 200-day moving average price is $2.74. Wearable Devices has a one year low of $0.49 and a one year high of $16.00.

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.