Wrap Technologies (OTCMKTS:WRTC) Shares Down 2.3% – Time to Sell?

Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report)’s stock price traded down 2.3% during mid-day trading on Wednesday . The stock traded as low as $2.08 and last traded at $2.09. 69,801 shares were traded during trading, a decline of 91% from the average session volume of 805,226 shares. The stock had previously closed at $2.14.

Wrap Technologies Stock Down 5.3 %

The company has a fifty day simple moving average of $2.08 and a 200-day simple moving average of $1.81. The firm has a market cap of $73.68 million, a P/E ratio of -5.35 and a beta of 1.87.

About Wrap Technologies

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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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