Shares of Wrap Technologies, Inc. (NASDAQ:WRAP - Get Free Report) traded up 3.4% on Wednesday . The stock traded as high as $1.64 and last traded at $1.52. 85,836 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 188,568 shares. The stock had previously closed at $1.47.
Wrap Technologies Stock Performance
The stock has a market capitalization of $76.75 million, a P/E ratio of -3.62 and a beta of 1.34. The stock's 50 day simple moving average is $1.80 and its 200 day simple moving average is $1.82.
Wrap Technologies (NASDAQ:WRAP - Get Free Report) last issued its quarterly earnings results on Monday, March 31st. The company reported ($0.17) EPS for the quarter. The company had revenue of $0.86 million for the quarter. Wrap Technologies had a negative return on equity of 480.59% and a negative net margin of 394.21%.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. Two Sigma Securities LLC acquired a new stake in shares of Wrap Technologies during the 4th quarter valued at approximately $33,000. Virtu Financial LLC bought a new position in Wrap Technologies during the fourth quarter worth $45,000. Sapient Capital LLC bought a new position in Wrap Technologies during the fourth quarter worth $53,000. XTX Topco Ltd bought a new position in Wrap Technologies during the fourth quarter worth $58,000. Finally, FNY Investment Advisers LLC bought a new position in Wrap Technologies during the fourth quarter worth $63,000. Institutional investors own 8.82% of the company's stock.
About Wrap Technologies
(
Get Free Report)
Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.
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