Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report) shares dropped 1.7% during trading on Monday . The company traded as low as $1.96 and last traded at $1.99. Approximately 159,426 shares were traded during trading, a decline of 80% from the average daily volume of 805,226 shares. The stock had previously closed at $2.03.
Wrap Technologies Stock Performance
The firm has a 50 day moving average price of $1.92 and a two-hundred day moving average price of $1.70. The company has a market capitalization of $74.05 million, a P/E ratio of -5.38 and a beta of 1.87.
About Wrap Technologies
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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