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Wrap Technologies (OTCMKTS:WRTC) Stock Price Down 4% - Time to Sell?

Wrap Technologies logo with Industrials background

Wrap Technologies, Inc. (OTCMKTS:WRTC - Get Free Report)'s stock price traded down 4% during trading on Thursday . The stock traded as low as $1.42 and last traded at $1.44. 71,471 shares changed hands during trading, a decline of 91% from the average session volume of 805,226 shares. The stock had previously closed at $1.50.

Wrap Technologies Price Performance

The business has a fifty day simple moving average of $1.72 and a 200 day simple moving average of $1.81. The firm has a market cap of $54.70 million, a price-to-earnings ratio of -3.97 and a beta of 1.87.

Wrap Technologies Company Profile

(Get Free Report)

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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