Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s stock price rose 5.9% during mid-day trading on Wednesday. The stock traded as high as $1.28 and last traded at $1.25. Approximately 371,584 shares changed hands during trading, a decline of 54% from the average session volume of 805,226 shares. The stock had previously closed at $1.18.
Wrap Technologies Price Performance
The stock has a fifty day moving average price of $1.40 and a 200-day moving average price of $1.56. The company has a market cap of $46.14 million, a PE ratio of -3.35 and a beta of 1.87.
About Wrap Technologies
Wrap Technologies, Inc. develops public-safety products and technology intended to help law enforcement, corrections, security personnel and other first responders manage potentially dangerous or noncompliant situations. The company focuses on alternatives to traditional physical restraint and less-lethal response methods, with an emphasis on creating distance between personnel and subjects. Its primary product is BolaWrap, a handheld remote-restraint device that deploys a tether designed to entangle a person’s legs or arms from a distance.
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