Now Is The Time To Build A Position In Wrap Technologies Inc (NASDAQ:WRAP)

EVTL

In last trading session, Wrap Technologies Inc (NASDAQ:WRAP) saw 0.37 million shares changing hands with its beta currently measuring 1.39. Company’s recent per share price level of $1.47 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $74.23M. That closing price of WRAP’s stock is at a discount of -75.51% from its 52-week high price of $2.58 and is indicating a premium of 17.69% from its 52-week low price of $1.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.18 million shares which gives us an average trading volume of 188.30K if we extend that period to 3-months.

For Wrap Technologies Inc (WRAP), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Wrap Technologies Inc (NASDAQ:WRAP) trade information

Wrap Technologies Inc’s shares saw a change of -30.66% in year-to-date performance and have moved -22.63% in past 5-day. Wrap Technologies Inc (NASDAQ:WRAP) showed a performance of -31.63% in past 30-days. Number of shares sold short was 5.46 million shares which calculate 24.13 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.76% during past 5 years.

Wrap Technologies Inc (NASDAQ:WRAP)’s Major holders

Insiders are in possession of 26.92% of company’s total shares while institution are holding 9.78 percent of that, with stock having share float percentage of 13.38%. Investors also watch the number of corporate investors in a company very closely, which is 9.78% institutions for Wrap Technologies Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WRAP for having 1.24 million shares of worth $2.48 million. And as of 2024-06-30, it was holding 2.9069 of the company’s outstanding shares.

The second largest institutional holder is RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC., which was holding about 0.82 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.8152 of outstanding shares, having a total worth of $1.65 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 780.73 shares of worth $1.15 million or 2.85% of the total outstanding shares. The later fund manager was in possession of 405.13 shares on Dec 31, 2024 , making its stake of worth around $0.6 million in the company or a holder of 1.48% of company’s stock.