Wrap Technologies, Inc. (OTCMKTS:WRTC – Get Free Report) shot up 8.9% during mid-day trading on Friday . The stock traded as high as $2.24 and last traded at $2.08. 682,367 shares were traded during mid-day trading, a decline of 15% from the average session volume of 805,226 shares. The stock had previously closed at $1.91.
Wrap Technologies Stock Performance
The firm has a market capitalization of $77.40 million, a price-to-earnings ratio of -5.62 and a beta of 1.87. The business’s 50-day moving average is $2.95 and its two-hundred day moving average is $2.76.
About Wrap Technologies
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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