Wrap Technologies (WRAP) Stock Price, News & Analysis

Company Overview

Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet. It also offers virtual reality training system, a law enforcement 3D training system employing immersive computer graphics VR with proprietary software-enabled content. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 2007 and is based in Tempe, Arizona.

Key Stats

• Today's Range: $1.35 to $1.50
• 50-Day Range: $1.34 to $1.91
• 52-Week Range: $1.21 to $7.01
• Volume: 360,421 shs
• Average Volume: 234,129 shs
• Market Capitalization: $68.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Wrap Technologies Stock Analysis - MarketRank™

Wrap Technologies scored higher than 5% of companies evaluated by MarketBeat, and ranked 177th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Wrap Technologies.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wrap Technologies is -3.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wrap Technologies is -3.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Wrap Technologies has a P/B Ratio of 10.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.06% of the float of Wrap Technologies has been sold short.

Short Interest Ratio / Days to Cover

Wrap Technologies has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Wrap Technologies has recently decreased by 1.43%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Wrap Technologies does not currently pay a dividend.

Dividend Growth

Wrap Technologies does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.06% of the float of Wrap Technologies has been sold short.

Short Interest Ratio / Days to Cover

Wrap Technologies has a short interest ratio ("days to cover") of 32.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Wrap Technologies has recently decreased by 1.43%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Wrap Technologies has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Wrap Technologies this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for WRAP on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

5 people have added Wrap Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Wrap Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $64,337.00 in company stock.

Percentage Held by Insiders

18.57% of the stock of Wrap Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 8.82% of the stock of Wrap Technologies is held by institutions.

WRAP Stock Analysis - Frequently Asked Questions

How have WRAP shares performed this year?

Wrap Technologies' stock was trading at $3.10 on January 1st, 2024. Since then, WRAP stock has decreased by 51.9% and is now trading at $1.49.
View the best growth stocks for 2024 here.

How were Wrap Technologies' earnings last quarter?

Wrap Technologies, Inc. (NASDAQ:WRAP) issued its quarterly earnings data on Tuesday, October, 15th. The company reported ($0.02) EPS for the quarter. The business had revenue of $1.57 million for the quarter. Wrap Technologies had a negative net margin of 394.21% and a negative trailing twelve-month return on equity of 480.59%.

Who are Wrap Technologies' major shareholders?

Wrap Technologies' top institutional shareholders include Geode Capital Management LLC (0.75%), GSA Capital Partners LLP (0.06%) and National Bank of Canada FI. Insiders that own company stock include Scot Cohen, Elwood G Norris, Kevin W Mullins, Christopher James Dealmeida, Glenn M Hickman and James A Barnes.
View institutional ownership trends.

How do I buy shares of Wrap Technologies?

Shares of WRAP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Wrap Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wrap Technologies investors own include NVIDIA (NVDA), Arista Networks (ANET), Broadcom (AVGO), Adobe (ADBE), Meta Platforms (META), Cisco Systems (CSCO) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 10/15/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Ordnance & accessories, except vehicles & guided missiles
• Sub-Industry: Defense
• Current Symbol: NASDAQ:WRAP
• CUSIP: N/A
• CIK: 1702924
• Web: www.wraptechnologies.com
• Phone: (800) 583-2652
• Fax: N/A
• Employees: 70
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.42)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-30,220,000.00
• Net Margins: -394.21%
• Pretax Margin: -394.23%
• Return on Equity: -480.59%
• Return on Assets: -71.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.15
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: $6.13 million
• Price / Sales: 11.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.14 per share
• Price / Book: 10.64

Miscellaneous

• Outstanding Shares: 45,880,000
• Free Float: 37,363,000
• Market Cap: $68.36 million
• Optionable: Optionable
• Beta: 1.51