Wrap Technologies (OTCMKTS:WRTC) Trading Down 1.9% – What’s Next?

Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report)’s stock price was down 1.9% during mid-day trading on Tuesday . The stock traded as low as $1.52 and last traded at $1.56. Approximately 188,235 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 805,226 shares. The stock had previously closed at $1.59.

Wrap Technologies Stock Performance

The company has a market capitalization of $58.05 million, a price-to-earnings ratio of -4.22 and a beta of 1.87. The company has a 50-day moving average price of $1.56 and a 200-day moving average price of $1.60.

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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