Analyzing the Impact of Earnings Reports on Wrap Technologies Inc Inc. (WRAP) Price Performance

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 54.44% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 128.95%. Over the past 30 days, the price of WRAP has fallen by 97.73%. And in the last five days, it has fallen by -12.12%.

The current stock price for Wrap Technologies Inc (WRAP) is $2.61. The stock experienced a significant increase during the last trading session, reaching $3.06 after opening at $3.06. It dipped to a low of $2.53 before ultimately closing at $3.02.

In terms of market performance, Wrap Technologies Inc had a somewhat regular. The highest value for the stock in the past year was $3.22 on 11/06/23, while the lowest value was $0.95 on 06/01/23.

52-week price history of WRAP Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Wrap Technologies Inc’s current trading price is -18.94% away from its 52-week high, while its distance from the 52-week low is 174.74%. The stock’s price range for this period has been between $0.95 and $3.22. The Technology sector company’s shares saw a trading volume of about 0.59 million for the day, which was higher than the average daily volume of 0.2 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Wrap Technologies Inc (WRAP) has experienced a quarterly rise of 52.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.39M and boasts a workforce of 69 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.79, with a change in price of +1.16. Similarly, Wrap Technologies Inc recorded 184,262 in trading volume during the last 100 days, posting a change of +80.00%.

WRAP’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for WRAP stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

WRAP Stock Stochastic Average

As of today, the raw stochastic average of Wrap Technologies Inc over the past 50 days is 68.88%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 67.21%. Additionally, the Stochastic %K and %D values for the company were 79.50% and 81.48%, respectively, over the past 20 days.

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