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.
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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%.
