Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report)’s stock price fell 8.8% during mid-day trading on Tuesday . The company traded as low as $2.40 and last traded at $2.50. 376,123 shares traded hands during trading, a decline of 53% from the average session volume of 805,226 shares. The stock had previously closed at $2.74.
Wrap Technologies Stock Down 8.8%
The company’s fifty day moving average price is $2.43 and its 200 day moving average price is $1.92. The company has a market capitalization of $93.03 million, a P/E ratio of -6.76 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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