Wearable Devices (NASDAQ:WLDSW) Shares Up 60.3% – Still a Buy?

Wearable Devices Ltd. (NASDAQ:WLDSWGet Free Report)’s share price rose 60.3% on Thursday . The company traded as high as $1.99 and last traded at $2.4050. Approximately 5,358 shares traded hands during trading, an increase of 89% from the average daily volume of 2,829 shares. The stock had previously closed at $1.50.

Wearable Devices Price Performance

The company has a 50-day moving average price of $1.95 and a 200-day moving average price of $2.34.

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 Inspire 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. It serves consumer electronics companies, industrial companies, information technology and software solutions providers, software development studios, academia and research universities, and B2C market.

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