Wrap Technologies (NASDAQ:WRAP) Issues Earnings Results

Wrap Technologies (NASDAQ:WRAP) announced its earnings results on Monday. The company reported ($0.17) earnings per share for the quarter, Zacks reports. Wrap Technologies had a negative net margin of 394.21% and a negative return on equity of 480.59%.

Wrap Technologies Stock Down 4.0 %

Shares of NASDAQ WRAP opened at $1.90 on Monday. Wrap Technologies has a fifty-two week low of $1.21 and a fifty-two week high of $2.58. The business has a 50 day moving average price of $2.08 and a two-hundred day moving average price of $1.82. The firm has a market cap of $87.18 million, a PE ratio of -4.52 and a beta of 1.37.

Wrap Technologies Company Profile

Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.