Wrap Technologies (OTCMKTS:WRTC) Trading Down 1.9% – Should You Sell?

Wrap Technologies, Inc. (OTCMKTS:WRTCGet Free Report) shares traded down 1.9% on Tuesday . The company traded as low as $1.52 and last traded at $1.56. 188,235 shares were traded during mid-day trading, a decline of 77% from the average session volume of 805,226 shares. The stock had previously closed at $1.59.

Wrap Technologies Price Performance

The stock’s 50 day simple moving average is $1.56 and its two-hundred day simple moving average is $1.60. The stock has a market cap of $66.61 million, a P/E ratio of -4.84 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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