Wrap Technologies (OTCMKTS:WRTC) Trading Down 2% - Time to Sell?

Wrap Technologies, Inc. (OTCMKTS:WRTC - Get Free Report)'s share price fell 2% during mid-day trading on Monday . The company traded as low as $1.48 and last traded at $1.50. 224,613 shares traded hands during mid-day trading, a decline of 72% from the average session volume of 805,226 shares. The stock had previously closed at $1.53.

Wrap Technologies Stock Down 2.0%

The stock has a market cap of $55.82 million, a P/E ratio of -4.05 and a beta of 1.87. The company has a 50-day simple moving average of $1.51 and a two-hundred day simple moving average of $1.78.

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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