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How to Buy Wearable Devices Stock

Wearable Devices Ltd

Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements.

Wearable Devices stock last closed at $0.52, up 7.2% from the previous day, and has decreased 19.85% in one year. It has underperformed other stocks in the Consumer Electronics industry by 0.13 percentage points. Wearable Devices stock is currently +98.1% from its 52-week low of $0.26, and -79.65% from its 52-week high of $2.56.

At the moment, there are 20.39M WLDS shares outstanding. The market value of WLDS is $10.62M. In the past 24 hours, 363,788 WLDS shares were traded.

How to Buy Wearable Devices Stock

Wondering how to invest in Wearable Devices stock? Here's how.
  1. Choose where to buy Wearable Devices stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Wearable Devices stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Evaluate Wearable Devices stock: The Wearable Devices ticker symbol is WLDS. Is Wearable Devices stock a good investment? Should you buy shares of WLDS? How do WLDS's underlying business fundamentals look? Do top analysts think Wearable Devices is a good buy? Why has WLDS's stock price moved recently? (Hint: Our stock market research website can help you evaluate if WLDS is a good stock to buy).
  5. Execute your WLDS purchase: Decide if you will purchase WLDS shares at the current market price or use a limit order to buy WLDS shares at a particular price.
  6. Keep tabs on your investment in WLDS: Create a watchlist to the latest updates on your investment in Wearable Devices stock.

Step 1: Choose where to buy Wearable Devices stock

You will need a brokerage account to access the NASDAQ market and buy WLDS shares.

A brokerage account allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best place to buy stocks. eToro gives you:

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  • Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Step 2: Create your brokerage account

Now that you've picked your brokerage, you need to fill out some personal information so you are able to buy WLDS stock today.

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  1. Click here to get started.
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  2. Provide your personal info to create a new brokerage account.
  1. Send your data by pressing the "Create Account" button.
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    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Fund your brokerage account

Now that you've created your account on mobile trading apps, your next step is to transfer the money for your investment:

Check out the video below for more details transferring money into your brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Wearable Devices stock

After you have chosen the best place to buy Wearable Devices stock, it's crucial to analyze their stock prior to buying, so you can wrap your head around the risk as well as the upside.

Wearable Devices Numbers

WLDS Price
$0.52
1w %
-6.96%
1y %
-19.85%
5y %
N/A
P/E
-1.09x
P/B
1.92x
P/S
104.2x
PEG
N/A
Revenue
$82.00k
Earnings
-$7.81M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$10.62M
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of WLDS

WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis.

You can view all of the due diligence checks on WLDS's stock page.

Is WLDS stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge WLDS's fair value.

Using relative valuations methods:

  • WLDS could be undervalued based on its P/B ratio of 1.92x, relative to Consumer Electronics industry P/B ratio of 20.55x

You can do additional valuation analysis on WLDS's stock here.

How do WLDS Financials look?

Positive Health Checks:

  • WLDS has a low debt to equity ratio of 0.37.
  • There are more short-term assets than short-term liabilities on the WLDS balance sheet.
  • There are more short-term assets than long-term liabilities on the WLDS balance sheet.

Negative Health Checks:

  • WLDS profit margin has gone up by 49.06 percentage points in the past year, but the company is still unprofitable.
  • WLDS has cash burn of 8628000. It does not have sufficient cash and short-term investments to cover this.
  • WLDS has $4.86M in cash and short term investments. This is not enough to cover its annual cash burn of $8.63M.

WLDS Technicals

SMA10
0.52
SMA20
0.55
SMA50
0.49
SMA100
0.43
SMA200
0.71
MACD
0
MACD Signal
0.01
MACD Histogram
-0.01
RSI
50.29
Stochastic %K
30.02
Stochastic %D
39.96
StochRSI %K
23.91
StochRSI %D
35.92

How are WLDS Revenues/Earnings doing?

Last year, WLDS revenue was $82.00k. Over the past 4 year, WLDS's revenue has gone up by -23.7% per year. This was slower than the Consumer Electronics industry average of 7.84%.

Dig into WLDS's earnings and revenue performance here.

Who is buying/selling WLDS?

In the last year, insiders at WLDS have not bought or sold any shares.

Learn more about who owns WLDS stock here.

Does WLDS provide a stable income stream?

No, Wearable Devices doesn't provide an income stream by paying out dividends.

WLDS Social Trading Data

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your WLDS purchase

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price limit, use a limit order.

Click the Open button and eToro will execute your order.

If you want more info about investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Keep tabs on your investment in WLDS

Now that you own some WLDS stock, you'll want to stay up-to-date on your new stock purchase.

Make a watchlist to track the most important metrics related to your WLDS stock.

WLDS Feed

How to Buy Stock in Wearable Devices

To summarize, here are the 6 steps for buying Wearable Devices stock:

  1. Choose where to buy Wearable Devices stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Evaluate Wearable Devices stock
  5. Execute your WLDS purchase
  6. Keep tabs on your investment in WLDS

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Wearable Devices, hit the button below to create your watchlist.

NASDAQ: WLDS
$0.52+0.04 (+7.2%)
Updated Apr 17, 2024
Open eToro Account
NASDAQ: WLDS
$0.52+0.04 (+7.2%)
Updated Apr 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Wearable Devices share?

As of Apr 17, 2024, it costs $0.52 to buy one share of Wearable Devices stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.26, you can buy 0.5 shares of WLDS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Wearable Devices stock?

One way to place an order for Wearable Devices stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.