Wrap Technologies (OTCMKTS:WRTC) Trading Down 3.2% – Here’s Why

Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report)’s share price fell 3.2% during trading on Friday . The stock traded as low as $1.95 and last traded at $1.95. 88,658 shares traded hands during trading, a decline of 89% from the average session volume of 805,226 shares. The stock had previously closed at $2.02.

Wrap Technologies Price Performance

The firm has a fifty day moving average of $1.76 and a two-hundred day moving average of $1.67. The stock has a market capitalization of $72.56 million, a P/E ratio of -5.27 and a beta of 1.87.

Wrap Technologies Company Profile

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Wrap Technologies, Inc operates as a development stage security technology company. It focuses on delivering solutions to customers, primarily law enforcement and security personnel. The firm products includes BolaWrap 100, which is a hand-held remote restraint device that discharges an eight-foot bola style Kevlar tether to entangle an individual at a range of 10-25 feet.

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