Wrap Technologies Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $7.01 on 02/05/24 and a low of $1.21 for the same time frame on 06/14/24.
52-week price history of WRAP Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Wrap Technologies Inc’s current trading price is -74.47% away from its 52-week high, while its distance from the 52-week low is 47.93%. The stock’s price range during the 52-week period has remained between $1.21 and $7.01. In the Technology sector, the company’s shares saw a trading volume of around 0.62 million for the day, which was evidently higher than the average daily volume of 0.17 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Wrap Technologies Inc (WRAP) has experienced a quarterly rise of 14.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 82.13M and boasts a workforce of 52 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.5928, with a change in price of +0.0700. Similarly, Wrap Technologies Inc recorded 155,483 in trading volume during the last 100 days, posting a change of +4.07%.
Examining WRAP’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for WRAP stands at 0.34. Similarly, the long-term debt-to-equity ratio is also 0.26.
WRAP Stock Stochastic Average
As of today, Wrap Technologies Inc’s raw stochastic average for the last 50 days stands at 74.60%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 95.92%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 66.99% and 48.64%, 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 -42.26%. However, over the past six months, we’ve seen a weaker performance of 21.77%. The price of WRAP fallen by 3.47% over the last 30 days. And in the last five days, it has surged by 20.13%.
