Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report) shares dropped 1.8% during mid-day trading on Wednesday . The stock traded as low as $1.60 and last traded at $1.64. Approximately 407,497 shares traded hands during trading, a decline of 49% from the average session volume of 805,226 shares. The stock had previously closed at $1.67.
Wrap Technologies Stock Performance
The company has a market capitalization of $61.03 million, a price-to-earnings ratio of -4.43 and a beta of 1.87. The firm has a 50-day simple moving average of $1.76 and a two-hundred day simple moving average of $1.57.
Wrap Technologies Company Profile
Wrap Technologies, Inc, traded on the OTC Markets under the ticker WRTC, is a public safety technology company focused on developing and commercializing non-lethal restraint solutions for law enforcement, security professionals and corrections agencies. Headquartered in Scottsdale, Arizona, the company’s flagship product, the BolaWrap® remote restraint device, deploys an entangling cord to safely contain or slow a subject from a distance, offering an alternative to more aggressive enforcement tools.
Originally founded in 2018, Wrap Technologies has designed its product line to address de-escalation and risk mitigation in high-tension encounters.
See Also
- Five stocks we like better than Wrap Technologies
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for Wrap Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wrap Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg){kind=logo}
-logo-1200x675.jpg){kind=logo}