Wrap Technologies Inc (WRAP) average volume reaches $533.92K: Are the Stars Lining Up for Investors?

Wrap Technologies Inc (NASDAQ: WRAP) open the trading on Thursday, with great promise as it jumped 8.90% to $2.08, before settling in for the price of $1.91 at the close. Taking a more long-term approach, WRAP posted a 52-week range of $0.95-$7.01.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Meanwhile, its Annual Earning per share during the time was -60.64%. This publicly-traded company’s shares outstanding now amounts to $44.21 million, simultaneously with a float of $27.97 million. The organization now has a market capitalization sitting at $91.96 million. At the time of writing, stock’s 50-day Moving Average stood at $3.0100, while the 200-day Moving Average is $2.4200.

Wrap Technologies Inc (WRAP) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Scientific & Technical Instruments industry. Wrap Technologies Inc’s current insider ownership accounts for 36.75%, in contrast to 8.70% institutional ownership. According to the most recent insider trade that took place on May 30 ’23, this organization’s CHIEF EXECUTIVE OFFICER bought 20,000 shares at the rate of 1.07, making the entire transaction reach 21,438 in total value, affecting insider ownership by 246,151. Preceding that transaction, on May 26 ’23, Company’s CHIEF FINANCIAL OFFICER bought 7,300 for 1.03, making the whole transaction’s value amount to 7,526. This particular insider is now the holder of 166,968 in total.

Wrap Technologies Inc (WRAP) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 61,874.44 per share during the current fiscal 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 1.85. The Stock has managed to achieve an average true range (ATR) of 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 10.07.

In the same vein, WRAP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.37.

Technical Analysis of Wrap Technologies Inc (WRAP)

[Wrap Technologies Inc, WRAP] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 30.95% While, its Average True Range was 0.2000.

Raw Stochastic average of Wrap Technologies Inc (WRAP) in the period of the previous 100 days is set at 4.73%, which indicates a major fall in contrast to 46.67% 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 81.47% that was lower than 87.94% volatility it exhibited in the past 100-days period.