Wrap Technologies Inc [WRAP] stock is trading at $2.13, saw in change for the day. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WRAP shares have gain 7.04% over the last week, with a monthly amount glided 5.71%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wrap Technologies Inc [NASDAQ: WRAP] stock has seen the most recent analyst activity on January 25, 2022, when Maxim Group downgraded its rating to a Hold. Previously, Ladenburg Thalmann started tracking the stock with Buy rating on May 03, 2021, and set its price target to $26.50. On April 15, 2021, Maxim Group initiated with a Buy rating and assigned a price target of $11 on the stock.
Wrap Technologies Inc [WRAP] stock has fluctuated between $1.21 and $4.49 over the past year. Wrap Technologies Inc [NASDAQ: WRAP] shares were valued at $2.13 at the most recent close of the market.
Analyzing the WRAP fundamentals
Wrap Technologies Inc [NASDAQ:WRAP] reported sales of 4.23M for the trailing twelve months, which represents a drop of -83.67%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -4.15%, Pretax Profit Margin comes in at -4.02%, and Net Profit Margin reading is -3.94%. To continue investigating profitability, this company’s Return on Assets is posted at -0.89, Equity is -3.73 and Total Capital is -2.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.08 points at the first support level, and at 2.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.16, and for the 2nd resistance point, it is at 2.20.
Ratios To Look Out For
For context, Wrap Technologies Inc’s Current Ratio is 1.15. As well, the Quick Ratio is 0.56, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 23.10, the price to book ratio is 15.25.
Transactions by insiders
Recent insider trading involved NORRIS ELWOOD G, 10% Owner, that happened on Oct 17 ’24 when 39990.0 shares were sold. 10% Owner, NORRIS ELWOOD G completed a deal on Oct 16 ’24 to sell 22186.0 shares. Meanwhile, 10% Owner NORRIS ELWOOD G sold 12814.0 shares on Oct 14 ’24.
