Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report) shares fell 4% on Monday . The company traded as low as $1.53 and last traded at $1.55. 373,376 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 805,226 shares. The stock had previously closed at $1.61.
Wrap Technologies Stock Down 4.0 %
The company’s fifty day moving average price is $1.57 and its two-hundred day moving average price is $1.63. The company has a market cap of $57.49 million, a price-to-earnings ratio of -4.18 and a beta of 1.87.
Wrap Technologies Company Profile
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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