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Wrap Technologies Inc

Wrap Technologies Inc (WRAP)

1.955
-0.015
( -0.76% )
Updated: 10:33:42

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Key stats and details

Current Price
1.955
Bid
1.95
Ask
1.96
Volume
40,431
1.95 Day's Range 1.97
0.95 52 Week Range 7.01
Market Cap
Previous Close
1.97
Open
1.95
Last Trade
25
@
1.9599
Last Trade Time
10:35:41
Financial Volume
$ 79,066
VWAP
1.9556
Average Volume (3m)
473,420
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 $1.97. 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 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
10.0050.256410256411.952.241.92766012.03581613CS
4-0.295-13.11111111112.252.321.872811912.10124215CS
12-1.925-49.61340206193.887.011.8354734203.2021668CS
260.54538.65248226951.417.011.44833633.07645449CS
520.68553.9370078741.277.010.952999972.76789569CS
156-3.955-66.92047377335.919.80.953034593.84918578CS
260-3.885-66.52397260275.849.80.953477204.23223033CS

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WRAP Discussion

View Posts
Hulk Hogan is God Hulk Hogan is God 2 hours 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.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 hours 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 hours ago
Point is, they are SCREWING THE POOCH
👍️0
Hulk Hogan is God Hulk Hogan is God 3 hours ago
“They can’t even FILE on time? Ruh roh buy more tasers instead…”
👍️0
Hulk Hogan is God Hulk Hogan is God 3 hours 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?”
👍️0
Hulk Hogan is God Hulk Hogan is God 3 hours 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 :)
👍️0
Teliz2009 Teliz2009 2 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.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 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.

👍️0
Teliz2009 Teliz2009 2 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
👍️0
Hulk Hogan is God Hulk Hogan is God 2 days ago
When this gets delisted….
👍️0
Teliz2009 Teliz2009 3 days ago
Watch the latest YouTube videos with the CEO. He’s definitely not courting investors. Lol
👍️0
Hulk Hogan is God Hulk Hogan is God 3 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 3 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 3 days ago
Incompetent or shady, those are the only two choices on the table now for the secret identity of WRAP.
👍️0
Hulk Hogan is God Hulk Hogan is God 3 days ago
CLOWN SHOW. Companies being run well don’t get delisting notifications from NASDAQ….
👍️0
Hulk Hogan is God Hulk Hogan is God 3 days ago
WRAP countdown to delisting officially begun, 57 calendar days to go….
👍️0
Teliz2009 Teliz2009 7 days 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.
👍️0
Hulk Hogan is God Hulk Hogan is God 7 days ago
Ok ok I bought a tiny taste back just in case
👍️0
Teliz2009 Teliz2009 7 days ago
Well…… at least you didn’t get anyone pregnant.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
“For whatever reason”….

Yeah, that’s exactly what I’m talking about…
👍️0
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.
👍️0
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.
👍️0
Teliz2009 Teliz2009 1 week ago
Time to get back in the ring.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week 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.
👍️0
Teliz2009 Teliz2009 1 week ago
I can’t believe you’re retiring from the ring.
👍️0
Teliz2009 Teliz2009 1 week ago
And 2021
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
They anticipate 6.1million in revenue??? That’s almost a 20% DROP from 2022!!!

I’m out, selling now.
👍️0
Teliz2009 Teliz2009 1 week ago
Today’s announcement has left me almost speechless.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
Even I can admit when something I’ve learned into is screwing the pooch behind the scenes.

👍️0
Teliz2009 Teliz2009 2 weeks ago
Their biggest advocate throwing in the towel?
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
If they miss the 16th I’m bailing, incompetence ain’t something I wanna have money in.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
Then the convertibles will stop cause they can’t sell em for a profit anymore?
👍️0
Teliz2009 Teliz2009 2 weeks ago
They filed FORM 12b-25 (NT-10k) April 1. Said the company currently anticipates that it will file the Annual Report on or before April 16, 2024……… we shall see.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
$1.50 next week
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
Aren’t they past the time allotted to report a 10k? Aren’t they supposed to file a notice of delay? What the hell WRAP, who is running the show up there?
👍️0
Teliz2009 Teliz2009 2 weeks ago
The fat lady is warming up.
👍️0
Teliz2009 Teliz2009 2 weeks ago
And Scot Cohen AKA Executive Chairman, CEO, Principal Executive Officer, Interim Principal Financial Officer and Principal Accounting Officer owns a boatload.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
Wasn’t it like $1.40 or something they sold all those convertibles at?
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
I’ve got this feeling this thing about to dive into the 1’s
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
So earnings are late, they have gone silent, NOT a good look for the Bolawrap boys

👍️0
Teliz2009 Teliz2009 4 weeks ago
More like a small foot flutter
👍️0
Hulk Hogan is God Hulk Hogan is God 4 weeks ago
Kick out!
👍️0
Teliz2009 Teliz2009 1 month ago
Fired the CFO. CEO is interviewed and says they’ll be setting an earnings date within 2 weeks. A month later they set earnings for Q4 only on a Thursday after the bell before a Friday Holiday……and then the Monday before Q4 earnings they call the whole thing off and give it the old we’ll get back to ya. LOL
👍️0
Hulk Hogan is God Hulk Hogan is God 1 month ago
REschedule earnings? Jesus what a self oops.
👍️0
Teliz2009 Teliz2009 1 month ago
2 1/2!
👍️0
Teliz2009 Teliz2009 1 month ago
Definitely not for the faint of heart
👍️0
Hulk Hogan is God Hulk Hogan is God 1 month ago
It’ll kick out. In the meantime I’ll use this opportunity to build a nice pile for the inevitable run
👍️0
Teliz2009 Teliz2009 1 month ago
TWO!
👍️0
Teliz2009 Teliz2009 1 month ago
Headed in! May 2024 $4 calls.
👍️0

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