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Wrap Technologies Inc

Wrap Technologies Inc (WRAP)

1.84
-0.04
(-2.13%)
Closed April 28 4:00PM
1.84
0.00
(0.00%)
After Hours: 7:25PM

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Key stats and details

Current Price
1.84
Bid
1.27
Ask
1.90
Volume
223,039
1.76 Day's Range 1.93
0.95 52 Week Range 7.01
Market Cap
Previous Close
1.88
Open
1.92
Last Trade
56
@
1.8
Last Trade Time
Financial Volume
$ 408,953
VWAP
1.8335
Average Volume (3m)
469,793
Shares Outstanding
44,214,169
Dividend Yield
-
PE Ratio
-14.43
Earnings Per Share (EPS)
-0.4
Revenue
8.05M
Net Profit
-17.62M

About Wrap Technologies Inc

Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range ... Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas Europe the Middle East Africa and the Asia Pacific. Show more

Sector
Ordnance & Accessories, Nec
Industry
Ordnance & Accessories, Nec
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Wrap Technologies Inc is listed in the Ordnance & Accessories sector of the NASDAQ with ticker WRAP. The last closing price for Wrap Technologies was $1.88. Over the last year, Wrap Technologies shares have traded in a share price range of $ 0.95 to $ 7.01.

Wrap Technologies currently has 44,214,169 shares outstanding. The market capitalization of Wrap Technologies is $254.23 million. Wrap Technologies has a price to earnings ratio (PE ratio) of -14.43.

WRAP Latest News

Wrap Technologies Announces Exciting New Distributor Agreement with Kokusai Security

MIAMI, April 26, 2024 (GLOBE NEWSWIRE) --  Wrap Technologies, Inc. (NASDAQ: WRAP), a global leader in innovative public safety technologies, is proud to announce a strategic distribution...

Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

MIAMI, April 19, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by...

Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results

TEMPE, Ariz., April 15, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) ("Wrap" or the "Company"), the makers of BolaWrap and the innovative public safety solutions platform...

Wrap Technologies Launches “WrapAI™” Suite of Artificial Intelligence-Powered Functionality for Intrensic BWC and DEMS

MIAMI, April 01, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform powered by...

Wrap Technologies, Inc. to Schedule New Date for Issuance of Financial Results and Investor Conference Call for Q4 and FY 2023

TEMPE, Ariz., March 25, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety technologies and services, today...

Wrap Technologies, Inc. to Report Last Quarter 2023 Financial Results on Thursday, March 28, 2024 at 4:30 p.m. ET

TEMPE, Ariz., March 07, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety technologies and services, will...

Wrap Technologies Announces BolaWrap Full Deployment of Detroit Police Department’s Mental Health Crisis Intervention Team (CIT)

DETROIT, March 05, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (NASDAQ: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform, today...

Wrap Technologies, Inc. Announces Full Deployment of BolaWrap for Fairfax County Police Department

TEMPE, Ariz., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the maker of BolaWrap and the innovative public safety solutions platform, is...

Wrap Technologies, Inc. Positions for Scale with Manufacturing and Sales Expansion while Reducing Workforce by 30%

TEMPE, Ariz., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), the makers of BolaWrap and the innovative public safety solutions platform...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.21-10.2439024392.052.081.761728211.97147409CS
4-0.4-17.85714285712.242.321.762637952.07838738CS
12-2.08-53.06122448983.927.011.764697933.18494368CS
260.3422.66666666671.57.011.44844863.07385604CS
520.6757.2649572651.177.010.953000772.7690136CS
156-4.07-68.86632825725.919.80.953032743.84778461CS
260-4-68.49315068495.849.80.953475054.23094158CS

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WRAP Discussion

View Posts
Hulk Hogan is God Hulk Hogan is God 1 day ago
“Exciting”. LOL!!!
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Hulk Hogan is God Hulk Hogan is God 1 day ago
Ruh roh, somebody been cooking some books brother…
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Teliz2009 Teliz2009 1 day ago
On April 24, 2024, Wrap Technologies, Inc. (the “Company”) received notice from Rosenberg Rich Baker Berman, P.A. (“RRBB P.A.”) that it had resigned as the Company’s independent registered public accounting firm, effective immediately.

The Company is currently interviewing replacement candidates to serve as its independent registered public accounting firm. The Company expects to make a final selection soon.
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Hulk Hogan is God Hulk Hogan is God 1 day ago
Fresh warm convertibles like those smell of printer ink brother :)
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Teliz2009 Teliz2009 1 day ago
3/4 of the position filled
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Hulk Hogan is God Hulk Hogan is God 1 day ago
Why is the price dropping?

1. Sales lower in 2023 than in 2022 (HUGE RED FLAG)

2. WRAP nervous bout it cause they aren’t filing. Now officially late. Delisting notification has been served. Trying to remember how to count, CEO trying to find his solar powered calculator from 1994.

3. They sold a gajillion convertibles at $1.50 and those folks are making sure THEY get paid NOW before delisting.

👍️0
Hulk Hogan is God Hulk Hogan is God 1 day ago
You know what else would be “exciting”? NOT getting delisting notifications from NASDAQ Lol!!!
👍️0
Hulk Hogan is God Hulk Hogan is God 1 day ago
“Exciting new agreement” lol, when companies buy their own PRs with zero numbers attached (go figure counting tough for them) and use adjectives like “exciting”?

Someone is selling convertibles again, dumpity dump dump
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Hulk Hogan is God Hulk Hogan is God 1 day ago
Not with THAT guy at CEO brother :)

Just the beginning of dissapointment
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Teliz2009 Teliz2009 1 day ago
I’m sure it’s frustrating as you’ve been way too early to this party. Luckily I have only nibbled around the edges and been more of a voyeur. However, I really feel like the products are gaining traction and this is its year. I’ve now got 1/2 of my allotted position. I’m just waiting for a flush when they report these latest numbers
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Hulk Hogan is God Hulk Hogan is God 2 days ago
It’s absurd, WRAP tries to sell itself as some sort of revolutionary whatever….and it can’t
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Hulk Hogan is God Hulk Hogan is God 2 days ago
Just reading headlines brother :)
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Teliz2009 Teliz2009 2 days ago
You sound a bit manic this morning
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Hulk Hogan is God Hulk Hogan is God 2 days ago
“‘Counting skills’ becomes new WRAP strategic priority”
👍️0
Hulk Hogan is God Hulk Hogan is God 2 days ago
“Wrap Technologies Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)”
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Hulk Hogan is God Hulk Hogan is God 2 days ago
“WRAP CEO orders case of ‘White Out’ from Amazon”
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Hulk Hogan is God Hulk Hogan is God 2 days ago
“That’s a WRAP folks! Delisting notification, wtf?”
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Hulk Hogan is God Hulk Hogan is God 2 days ago
“WRAP, to use or not to use…wait, delisting?”
👍️0
Hulk Hogan is God Hulk Hogan is God 2 days ago
“New WRAP CEO hits ground crapping his pants”
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Hulk Hogan is God Hulk Hogan is God 3 days ago
When it gets down to $1.40 near where they sold convertibles AND they fire him…that’s when I’ll take a serious look again.
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Hulk Hogan is God Hulk Hogan is God 3 days ago
And if the new leadership is inept, ruining integrity and confidence from potential buyers by having delisting notices as what is found by basic due diligence checks?

What makes you think it stops here? He’s just showing you his FIRST of many incoming oops moments like this brother :)
👍️0
Hulk Hogan is God Hulk Hogan is God 3 days ago
Point is, they are SCREWING THE POOCH
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Hulk Hogan is God Hulk Hogan is God 3 days ago
“They can’t even FILE on time? Ruh roh buy more tasers instead…”
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Hulk Hogan is God Hulk Hogan is God 3 days ago
PDs doing due diligence on WRAP as a potential solution?

Conversations….

“Wait, this company is being threatened with delisting, why in gods name are we risking with them?”
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Hulk Hogan is God Hulk Hogan is God 3 days ago
No reason to think they aren’t gonna milk out these 60 days so they can white out what they need to white out on the forms.

Move a few digits, sell a few convertibles…Later for all that accountability nonsense brother :)
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Teliz2009 Teliz2009 5 days ago
Depends on how ya look at it. There’s a $4.9M order that they PR’d 12/27/24. If booked for 2024 increases for QTR and Year 2024. If they don’t…….. that’s a nice chunk of change for 2024. Once I see when Wrap will realize that order I’ll back up the truck.
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Hulk Hogan is God Hulk Hogan is God 5 days ago
Think so? I thought they WOULDN’T sell 25% less in 2023 than in 2022, but somehow they did. So much for growth.

I thought they’d report on time, but they didn’t.

I thought NASDAQ wouldn’t publicly threaten them with delisting, but they have.

Growth? Maybe. Mismanagement? Absolutely.

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Teliz2009 Teliz2009 5 days ago
Won’t happen. They’ll be back in compliance here in a week or so. Anything under $2 is gonna be a gift
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Hulk Hogan is God Hulk Hogan is God 5 days ago
When this gets delisted….
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Teliz2009 Teliz2009 5 days ago
Watch the latest YouTube videos with the CEO. He’s definitely not courting investors. Lol
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Hulk Hogan is God Hulk Hogan is God 6 days ago
“if the Company fails to timely regain compliance with this Nasdaq Listing Rule, the Company’s common stock will be subject to delisting from Nasdaq.”

Counting numbers shouldn’t be that difficult for a company trying to court investors.

👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
WRAP BOARDROOM

“Ok guys, we’re trying to grow. Trying to build pps, gain momentum, what should we do next?”

CEO: “Let’s hide the fact that our earnings are 25% lower than prior year by delaying reporting to the point NASDAQ is threatening us publicly with delisting! After all, those insider convertibles need to be sold first before it tanks!”

“Great idea boss! Let’s roll!”
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Incompetent or shady, those are the only two choices on the table now for the secret identity of WRAP.
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Hulk Hogan is God Hulk Hogan is God 6 days ago
CLOWN SHOW. Companies being run well don’t get delisting notifications from NASDAQ….
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Hulk Hogan is God Hulk Hogan is God 6 days ago
WRAP countdown to delisting officially begun, 57 calendar days to go….
👍️0
Teliz2009 Teliz2009 1 week ago
May go lower after Q4/Full Year 2023 earnings get reported. However, I find Wrap finally worth taking a shot. Feel like they’re finally getting traction and it’s up from here.
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Hulk Hogan is God Hulk Hogan is God 1 week ago
Ok ok I bought a tiny taste back just in case
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Teliz2009 Teliz2009 1 week ago
Well…… at least you didn’t get anyone pregnant.
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Hulk Hogan is God Hulk Hogan is God 1 week ago
“For whatever reason”….

Yeah, that’s exactly what I’m talking about…
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Hulk Hogan is God Hulk Hogan is God 1 week ago
Investing in this wisely would be based off of a continued growth pattern, which they don’t have dropping 25% from 22 to 23.

AND they have delayed repeatedly earnings? That’s cause someone screwed the pooch!

Poorly managed companies don’t grow, they shrink 25% from year to year :)
👍️0
Teliz2009 Teliz2009 1 week ago
Orders for over $10M came in for 2023. For whatever reason that $4.9M for Q4 isn’t going to be recognized yet.
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Hulk Hogan is God Hulk Hogan is God 1 week ago
Why? Cause it went up ten cents? 25% less revenue than prior year is all I need to know. Not climbing, sinking.
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Teliz2009 Teliz2009 1 week ago
Time to get back in the ring.
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Hulk Hogan is God Hulk Hogan is God 2 weeks ago
I’m out bay bay. I’ll of course keep an eye peeled, but this delay on top of delay on top of delay on top of making LESS MONEY in 2023 than 2022? Yikes.
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Teliz2009 Teliz2009 2 weeks ago
I can’t believe you’re retiring from the ring.
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Teliz2009 Teliz2009 2 weeks ago
And 2021
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Hulk Hogan is God Hulk Hogan is God 2 weeks ago
They anticipate 6.1million in revenue??? That’s almost a 20% DROP from 2022!!!

I’m out, selling now.
👍️0
Teliz2009 Teliz2009 2 weeks ago
Today’s announcement has left me almost speechless.
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Hulk Hogan is God Hulk Hogan is God 2 weeks ago
Even I can admit when something I’ve learned into is screwing the pooch behind the scenes.

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Teliz2009 Teliz2009 2 weeks ago
Their biggest advocate throwing in the towel?
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