Wrap Technologies Inc (WRAP) stock hits $2.79: Is it a good time to buy or wait for a dip?

Nora Barnes

Wrap Technologies Inc [WRAP] stock prices are up 2.57% to $2.79 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WRAP shares have gain 29.17% over the last week, with a monthly amount glided 13.41%, 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.

The stock price of Wrap Technologies Inc [WRAP] has been fluctuating between $1.20 and $3.00 over the past year. Wrap Technologies Inc [NASDAQ: WRAP] shares were valued at $2.79 at the most recent close of the market.

Analyzing the WRAP fundamentals

The Wrap Technologies Inc [NASDAQ:WRAP] reported sales of 4.13M for trailing twelve months, representing a surge of 151.43%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at -3.04%, Pretax Profit Margin comes in at -3.03%, and Net Profit Margin reading is -3.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.78, Equity is -1.99 and Total Capital is -0.87. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.18.

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 2.67 points at the first support level, and at 2.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.91, and for the 2nd resistance point, it is at 3.02.

Ratios To Look Out For

It’s worth pointing out that Wrap Technologies Inc [NASDAQ:WRAP]’s Current Ratio is 7.12. Also, the Quick Ratio is 4.26, while the Cash Ratio stands at 3.13. Considering the valuation of this stock, the price to sales ratio is 34.82, the price to book ratio is 10.17.

Transactions by insiders

Recent insider trading involved NORRIS ELWOOD G, 10% Owner, that happened on Oct 02 ’25 when 0.79 million shares were purchased. President and COO, Novick Jared completed a deal on Aug 29 ’25 to sell 96988.0 shares. Meanwhile, Executive Chairman and CEO Cohen Scot sold 96989.0 shares on Aug 29 ’25.

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