Shares of Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report) traded down 2.7% on Wednesday . The company traded as low as $1.40 and last traded at $1.43. 165,310 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 805,226 shares. The stock had previously closed at $1.47.
Wrap Technologies Price Performance
The firm has a market cap of $53.21 million, a PE ratio of -3.86 and a beta of 1.87. The business has a 50-day moving average price of $1.53 and a two-hundred day moving average price of $2.02.
Wrap Technologies Company Profile
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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