Witnessing the stock’s movement on the chart, on Wednesday, Wrap Technologies Inc (NASDAQ: WRAP) had a quiet start as it plunged -9.58% to $1.51, before settling in for the price of $1.67 at the close. Taking a more long-term approach, WRAP posted a 52-week range of $0.95-$7.01.
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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 $66.76 million. At the time of writing, stock’s 50-day Moving Average stood at $2.5777, while the 200-day Moving Average is $2.4319.
Wrap Technologies Inc (WRAP) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Scientific & Technical Instruments industry. Wrap Technologies Inc’s current insider ownership accounts for 36.75%, in contrast to 8.81% 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 (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 0.18. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.31.
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)
Going through the that latest performance of [Wrap Technologies Inc, WRAP]. Its last 5-days volume of 0.31 million was inferior to the volume of 0.54 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 13.86% While, its Average True Range was 0.1664.
Raw Stochastic average of Wrap Technologies Inc (WRAP) in the period of the previous 100 days is set at 0.13%, which indicates a major fall in contrast to 1.00% 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 70.67% that was lower than 87.17% volatility it exhibited in the past 100-days period.
