Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Wrap Technologies Inc’s current trading price is -68.76% away from its 52-week high, while its distance from the 52-week low is 130.53%. The stock’s price range over this period has fluctuated between $0.95 and $7.01. The company, operating within the financial sector, had a trading volume of approximately 1.24 million for the day, which was noticeably higher than the average daily share volume of 0.62 million over the last 3 months.
The market performance of Wrap Technologies Inc’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $7.01 on 02/05/24, while the lowest value for the same duration was $0.95 on 06/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Wrap Technologies Inc (WRAP) has experienced a quarterly decline of -5.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 96.82M and boasts a workforce of 69 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.12, with a change in price of +0.45. Similarly, Wrap Technologies Inc recorded 527,614 in trading volume during the last 100 days, posting a change of +25.86%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ 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
Today, Wrap Technologies Inc’s raw stochastic average for the past 50 days stands at 1.03%, indicating a decline from the raw stochastic average of the last 20 days, which was 2.70%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 11.90% and 10.76% respectively.
WRAP Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. This year’s metric has recorded a Price decrease of -29.35%. However, over the past six months, we’ve seen a weaker performance of 42.21%. The price of WRAP leaped by -42.37% over the last 30 days. And in the last five days, it has fallen by -23.69%.
