Wearable Devices (NASDAQ:WLDS) Shares Set to Reverse Split on Thursday, October 10th

Wearable Devices Ltd. (NASDAQ:WLDSFree Report) shares are set to reverse split on the morning of Thursday, October 10th. The 1-20 reverse split was announced on Monday, October 7th. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 9th.

Wearable Devices Trading Down 9.0 %

Shares of WLDS opened at $0.22 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34. The business has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.41. Wearable Devices has a 52 week low of $0.20 and a 52 week high of $1.13.

About Wearable Devices

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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.

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