Wrap Technologies Inc (NASDAQ:WRAP) price on Thursday, July 03, fall -0.65% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.54.
A look at the stock’s price movement, the close in the last trading session was $1.55, moving within a range at $1.53 and $1.6. The beta value (5-Year monthly) was 1.229. Turning to its 52-week performance, $2.58 and $1.30 were the 52-week high and 52-week low respectively. Overall, WRAP moved 7.69% over the past month.
Wrap Technologies Inc’s market cap currently stands at around $77.88 million, with investors looking forward to this quarter’s earnings report slated for on 2023-Mar-01.
Turning to the stock’s technical picture we see that short term indicators suggest on average that WRAP is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend WRAP as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
WRAP’s current price about -1.93% and 1.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.49, while 7-day volatility ratio is 5.54% and 7.25% in the 30-day chart. Further, Wrap Technologies Inc (WRAP) has a beta value of 1.28.
If we refocus on Wrap Technologies Inc (NASDAQ:WRAP), historical trading data shows that trading volumes averaged 0.14 over the past 10 days and 144.06K over the past 3 months. The company’s latest data on shares outstanding shows there are 50.49 million shares.
The 33.53% of Wrap Technologies Inc’s shares are in the hands of company insiders while institutional holders own 8.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.34 million on 2025-06-13, giving us a short ratio of 26.94. The data shows that as of 2025-06-13 short interest in Wrap Technologies Inc (WRAP) stood at 1539.0 of shares outstanding, with shares short rising to 5.28 million registered in 2025-05-15. Current price change has pushed the stock -19.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the WRAP stock continues to rise going into the next quarter.
