Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s stock price dropped 4.5% during mid-day trading on Monday . The stock traded as low as $1.49 and last traded at $1.50. Approximately 244,787 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 805,226 shares. The stock had previously closed at $1.57.
Wrap Technologies Stock Performance
The company has a market capitalization of $57.68 million, a PE ratio of -4.19 and a beta of 1.87. The firm has a fifty day simple moving average of $1.51 and a 200 day simple moving average of $1.66.
Wrap Technologies Company Profile
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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