Wrap Technologies (OTCMKTS:WRTC) Stock Price Up 3% – Should You Buy?

Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s share price traded up 3% during trading on Wednesday. The company traded as high as $1.40 and last traded at $1.38. 464,481 shares were traded during trading, a decline of 42% from the average daily volume of 805,226 shares. The stock had previously closed at $1.34.

Wrap Technologies Stock Up 3.0%

The stock has a 50-day moving average of $1.66 and a 200 day moving average of $1.55. The stock has a market cap of $51.35 million, a PE ratio of -3.73 and a beta of 1.87.

Wrap Technologies Company Profile

(Get Free Report)

Wrap Technologies, Inc develops public safety equipment and training solutions for law enforcement, corrections, security personnel and other organizations that manage potentially dangerous encounters. The company’s products are designed to help personnel control or de-escalate situations while providing alternatives to more force-intensive intervention.

Its flagship product, BolaWrap, is a handheld remote restraint device that deploys a tether intended to entangle a person’s legs or arms from a distance.

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