As on May 03, 2021, Wrap Technologies Inc. (NASDAQ: WRAP) got off with the flyer as it spiked 5.61% to $6.21. During the day, the stock rose to $6.80 and sunk to $5.90 before settling in for the price of $5.88 at the close. Taking a more long-term approach, WRAP posted a 52-week range of $4.10-$14.40.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -27.90%. This publicly-traded company’s shares outstanding now amounts to $37.62 million, simultaneously with a float of $20.40 million. The organization now has a market capitalization sitting at $244.49 million. At the time of writing, stock’s 50-day Moving Average stood at $5.50, while the 200-day Moving Average is $6.57.
It is quite necessary to find out the efficiency of the corporate organization, which has 52 number of employees on its payroll. It has generated 75,847 per worker during the last fiscal year. Meanwhile, its income per employee was -241,927. The stock had 3.82 Receivables turnover and 0.11 Total Asset turnover. For the Profitability, stocks gross margin was +34.04, operating margin was -331.56 and Pretax Margin of -318.97.
Wrap Technologies Inc. (WRAP) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Scientific & Technical Instruments industry. Wrap Technologies Inc.’s current insider ownership accounts for 14.20%, in contrast to 18.10% institutional ownership. According to the most recent insider trade that took place on Apr 16, this organization’s CFO, SECRETARY AND TREASURER sold 7,500 shares at the rate of 5.39, making the entire transaction reach 40,425 in total value, affecting insider ownership by 77,760. Preceding that transaction, on Apr 16, Company’s Director sold 7,500 for 5.39, making the whole transaction’s value amount to 40,425. This particular insider is now the holder of 77,760 in total.
Wrap Technologies Inc. (WRAP) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2021, the company posted -$0.14 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.1) by -$0.04. This company achieved a net margin of -318.97 while generating a return on equity of -38.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.
Wrap Technologies Inc.’s EPS decrease for this current 12-month fiscal period is -27.90% and is forecasted to reach -0.17 in the upcoming year.
Wrap Technologies Inc. (NASDAQ: WRAP) Trading Performance Indicators
Let’s observe the current performance indicators for Wrap Technologies Inc. (WRAP). It’s Quick Ratio in the last reported quarter now stands at 11.60. The Stock has managed to achieve an average true range (ATR) of 0.55. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 62.69.
In the same vein, WRAP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.37, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be -0.17 at the market close of one year from today.
Technical Analysis of Wrap Technologies Inc. (WRAP)
Through scrutinizing the latest numbers posted by the [Wrap Technologies Inc., WRAP], it can be observed that its last 5-days Average volume of 1.0 million was better the volume of 0.8 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 61.61% While, its Average True Range was 0.60.
Raw Stochastic average of Wrap Technologies Inc. (WRAP) in the period of the previous 100 days is set at 58.66%, which indicates a major fall in contrast to 70.23% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 86.43% that was higher than 80.78% volatility it exhibited in the past 100-days period.