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Wrap Technologies (OTCMKTS:WRTC) Shares Down 1.7% - Here's What Happened

Wrap Technologies logo with Industrials background

Wrap Technologies, Inc. (OTCMKTS:WRTC - Get Free Report) shares dropped 1.7% during trading on Monday . The stock traded as low as $1.96 and last traded at $1.99. Approximately 159,426 shares traded hands during trading, a decline of 80% from the average daily volume of 805,226 shares. The stock had previously closed at $2.03.

Wrap Technologies Stock Performance

The company has a 50-day moving average price of $1.93 and a 200-day moving average price of $1.70. The firm has a market capitalization of $71.82 million, a price-to-earnings ratio of -5.22 and a beta of 1.87.

About Wrap Technologies

(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.

Further Reading

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