Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s share price rose 3% on Wednesday. The stock traded as high as $1.40 and last traded at $1.38. 464,481 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 805,226 shares. The stock had previously closed at $1.34.
Wrap Technologies Price Performance
The stock has a fifty day simple moving average of $1.66 and a 200 day simple moving average of $1.55. The firm has a market capitalization of $53.21 million, a P/E ratio of -3.86 and a beta of 1.87.
About Wrap Technologies
Wrap Technologies, Inc develops public safety equipment and training solutions for law enforcement, corrections, security personnel and other organizations that manage potentially dangerous encounters. The company’s products are designed to help personnel control or de-escalate situations while providing alternatives to more force-intensive intervention.
Its flagship product, BolaWrap, is a handheld remote restraint device that deploys a tether intended to entangle a person’s legs or arms from a distance.
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