Wrap Technologies (NASDAQ:WRAP) Issues Quarterly Earnings Results

Wrap Technologies (NASDAQ:WRAP) announced its quarterly earnings results on Monday. The company reported ($0.17) earnings per share (EPS) for the quarter, Zacks reports. Wrap Technologies had a negative return on equity of 480.59% and a negative net margin of 394.21%.

Wrap Technologies Price Performance

Shares of NASDAQ:WRAP opened at $1.90 on Monday. The stock’s 50-day moving average is $2.08 and its 200 day moving average is $1.82. The company has a market cap of $87.18 million, a PE ratio of -4.52 and a beta of 1.37. Wrap Technologies has a 1 year low of $1.21 and a 1 year high of $2.58.

About Wrap Technologies

Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.