Wearable Devices Ltd. (NASDAQ:WLDS – Get Free Report) shares shot up 2% on Monday . The stock traded as high as $1.6560 and last traded at $1.55. Approximately 100,760 shares were traded during mid-day trading, The stock had previously closed at $1.52.
Analysts Set New Price Targets
Several equities analysts recently issued reports on WLDS shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Wearable Devices in a report on Monday. Wall Street Zen lowered Wearable Devices from a “hold” rating to a “sell” rating in a report on Sunday, August 30th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Wearable Devices has a consensus rating of “Sell”.
Check Out Our Latest Analysis on Wearable Devices
Wearable Devices Stock Up 3.8%
Wearable Devices (NASDAQ:WLDS – Get Free Report) last released its quarterly earnings results on Monday, August 24th. The company reported ($1.75) earnings per share for the quarter. The firm had revenue of $0.17 million for the quarter.
Wearable Devices Company Profile
Wearable Devices Ltd. is an Israel-based technology company that develops wearable human-computer interface solutions. Its technology is designed to interpret subtle neural and muscle signals from the wrist and hand, enabling users to control digital devices through finger movements and gestures without relying solely on conventional touch interfaces.
The company’s primary product line is the Mudra platform, which includes wrist-worn devices and related software intended to provide touchless control for computers, smartphones, augmented-reality devices and other digital systems.
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