Wrap Technologies, Inc. (NASDAQ:WRAP – Get Free Report) shares rose 0.6% during trading on Thursday . The company traded as high as $1.68 and last traded at $1.66. Approximately 67,414 shares changed hands during trading, a decline of 39% from the average daily volume of 110,678 shares. The stock had previously closed at $1.65.
Wrap Technologies Trading Up 4.2 %
The stock has a 50-day simple moving average of $1.73 and a 200 day simple moving average of $1.53. The company has a market cap of $72.61 million, a price-to-earnings ratio of -4.32 and a beta of 1.73.
Wrap Technologies (NASDAQ:WRAP – Get Free Report) last issued its quarterly earnings results on Wednesday, August 9th. The company reported ($0.12) EPS for the quarter. Wrap Technologies had a negative return on equity of 65.52% and a negative net margin of 228.34%. The firm had revenue of $1.20 million for the quarter.
Institutional Trading of Wrap Technologies
About Wrap Technologies
Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.
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