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

Wearable Devices Ltd. (NASDAQ:WLDS)’s stock is 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 market closes on Wednesday, October 9th.

Wearable Devices Trading Down 9.0 %

WLDS stock opened at $0.22 on Tuesday. The firm’s 50-day moving average price is $0.34 and its two-hundred day moving average price is $0.41. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 1.34. Wearable Devices has a 12-month low of $0.20 and a 12-month high of $1.13.

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.