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Wrap Technologies (OTCMKTS:WRTC) Stock Price Down 3.2% - Here's Why

Wrap Technologies logo with Industrials background

Wrap Technologies, Inc. (OTCMKTS:WRTC - Get Free Report)'s share price was down 3.2% during trading on Friday . The stock traded as low as $1.95 and last traded at $1.95. Approximately 88,658 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 805,226 shares. The stock had previously closed at $2.02.

Wrap Technologies Stock Performance

The company has a market cap of $76.65 million, a P/E ratio of -5.57 and a beta of 1.87. The business's fifty day moving average is $1.76 and its two-hundred day moving average is $1.67.

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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