Wrap Technologies (OTCMKTS:WRTC) Stock Price Down 5.4% – What’s Next?

Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report)’s share price traded down 5.4% on Tuesday . The company traded as low as $1.38 and last traded at $1.41. 640,492 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 805,226 shares. The stock had previously closed at $1.49.

Wrap Technologies Trading Down 5.4%

The business’s fifty day simple moving average is $1.51 and its 200 day simple moving average is $1.77. The stock has a market cap of $52.47 million, a price-to-earnings ratio of -3.81 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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