Wrap Technologies (NASDAQ:WRAP) Posts Earnings Results

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

Wrap Technologies Stock Performance

WRAP opened at $1.71 on Tuesday. Wrap Technologies has a 1-year low of $1.21 and a 1-year high of $2.58. The company has a 50-day moving average of $2.08 and a 200-day moving average of $1.82. The company has a market capitalization of $78.46 million, a P/E ratio of -4.07 and a beta of 1.37.

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.