Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s share price was up 3.8% on Wednesday . The company traded as high as $2.26 and last traded at $2.19. Approximately 2,732,087 shares traded hands during mid-day trading, an increase of 239% from the average daily volume of 805,226 shares. The stock had previously closed at $2.11.
Wrap Technologies Stock Performance
The company has a 50 day moving average of $1.44 and a two-hundred day moving average of $1.72. The stock has a market capitalization of $81.49 million, a PE ratio of -5.92 and a beta of 1.87.
About Wrap Technologies
Wrap Technologies, Inc, traded on the OTC Markets under the ticker WRTC, is a public safety technology company focused on developing and commercializing non-lethal restraint solutions for law enforcement, security professionals and corrections agencies. Headquartered in Scottsdale, Arizona, the company’s flagship product, the BolaWrap® remote restraint device, deploys an entangling cord to safely contain or slow a subject from a distance, offering an alternative to more aggressive enforcement tools.
Originally founded in 2018, Wrap Technologies has designed its product line to address de-escalation and risk mitigation in high-tension encounters.
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