Wrap Technologies, Inc. (NYSE:WRTC) shares rose 2.2% during mid-day trading on Friday . The stock traded as high as $7.19 and last traded at $6.86. Approximately 748,532 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 869,419 shares. The stock had previously closed at $6.71.
The stock’s 50-day simple moving average is $8.42 and its 200 day simple moving average is $7.32.
Wrap Technologies (NYSE:WRTC) last released its quarterly earnings results on Thursday, July 30th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The firm had revenue of $0.83 million for the quarter, compared to analyst estimates of $0.69 million.
Wrap Technologies, Inc develops security products for law enforcement and security personnel. It develops BolaWrap, a hand-held remote restraint device to control an individual or impede flight by targeting and wrapping an individual's legs. The company was founded in 2016 and is headquartered in Las Vegas, Nevada.
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