Wrap Technologies (OTCMKTS:WRTC) Stock Price Up 6.6% – Time to Buy?

Shares of Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report) rose 6.6% on Monday . The company traded as high as $2.1115 and last traded at $2.11. Approximately 145,272 shares changed hands during trading, a decline of 82% from the average daily volume of 805,226 shares. The stock had previously closed at $1.98.

Wrap Technologies Stock Up 3.4%

The company has a market cap of $78.14 million, a P/E ratio of -5.68 and a beta of 1.87. The business has a 50-day moving average price of $2.44 and a two-hundred day moving average price of $1.83.

Wrap Technologies Company Profile

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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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