Wrap Technologies, Inc. (WRAP)

NASDAQ: WRAP · IEX Real-Time Price · USD
1.89
-0.03 (-1.56%)
At close: Aug 5, 2022 4:00 PM
1.86
-0.03 (-1.59%)
Pre-market: Aug 9, 2022 5:54 AM EDT
-1.56%
Market Cap 77.43M
Revenue (ttm) 7.79M
Net Income (ttm) -24.45M
Shares Out 40.97M
EPS (ttm) -0.61
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 99,429
Open 1.88
Previous Close 1.92
Day's Range 1.86 - 1.97
52-Week Range 1.60 - 8.48
Beta 1.68
Analysts Buy
Price Target 3.70 (+95.8%)
Earnings Date Aug 10, 2022

About WRAP

Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company develops BolaWrap 150, a hand-held remote restraint device that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. It operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2016 and is based in Tempe, Arizona. [Read more...]

Industry Electronic Equipment, Instruments & Components
Founded 2016
Employees 68
Stock Exchange NASDAQ
Ticker Symbol WRAP
Full Company Profile

Financial Performance

In 2021, WRAP's revenue was $7.73 million, an increase of 95.97% compared to the previous year's $3.94 million. Losses were -$24.45 million, 94.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for WRAP stock is "Buy." The 12-month stock price forecast is 3.7, which is an increase of 95.77% from the latest price.

Price Target
$3.7
(95.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

New Body Cam Footage Presents Successful Use of BolaWrap in Oregon

TEMPE, Ariz., July 29, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today shared new agency bod...

Wrap Technologies, Inc. Announces Release Date for Second Quarter 2022 Results

TEMPE, Ariz., July 28, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies , Inc. (Nasdaq : WR AP ) (the “Company”), a global leader in innovative public safety technologies and services, today announced that it...

Wrap Announces the Appointment of New CFO Chris DeAlmeida

TEMPE, Ariz., July 25, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced the appoint...

Wrap Announces Sale of Wrap Reality Societal Reentry Enterprise Platform

TEMPE, Ariz., July 21, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced a sale of i...

Wrap Shares Body Cam Footage of Successful Prevention of Escalation with BolaWrap 150 Deployment on a Call to a Subje...

TEMPE, Ariz., July 19, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today shared new agency bod...

Wrap Announces First Sale of Wrap Reality Inmate Societal Reentry Software

TEMPE, Ariz., July 06, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced the sale of...

Wrap Shares New Body Cam Footage Demonstrating Successful Deployment of BolaWrap

TEMPE, Ariz., June 28, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today shared new agency bod...

What's Going On With Wrap Technologies Shares Falling Today?

Wrap Technologies Inc (NASDAQ: WRAP) shares are trading lower by 5.96% to $2.21, possibly due to profit-taking. The stock ran higher last week in possible anticipation of protests after the US Supreme C...

Why Wrap Technologies Shares Are Rising

Wrap Technologies, Inc. (NASDAQ: WRAP) shares are trading higher in possible anticipation of protests after the US Supreme Court overturned Roe vs Wade. The company develops policing solutions to law en...

WRAP to Hold Virtual 2022 Annual Meeting of Stockholders

Meeting and Management Presentation at 9:00 A.M. PT on June 23, 2022 Meeting and Management Presentation at 9:00 A.M. PT on June 23, 2022

Wrap Announces Endorsement from the National De-escalation Training Center for its BolaWrap Technology

TEMPE, Ariz., June 15, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced an official...

Wrap Appoints Sales Executive Carlos Casas as VP of Sales & Marketing

TEMPE, Ariz., June 07, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today welcomes Carlos Casas...

Wrap Technologies to Present at LD Micro by SRAX Invitational XII Investor Conference

TEMPE, Ariz., May 26, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that the Com...

Wrap Announces Five Year Subscription Sale of Wrap Reality Virtual Reality Training Software

TEMPE, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that it has ...

Wrap Technologies Reports First Quarter 2022 Results

TEMPE, Ariz., May 03, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety technologies and services, today announced re...

Wrap Technologies, Inc. Announces Release Date for First Quarter 2022 Results

TEMPE, Ariz., April 25, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that it wi...

Wrap Technologies Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

TEMPE, Ariz., April 25, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety technologies and services, today announced ...

Wrap Technologies Appoints TJ Kennedy as CEO and Kevin Mullins as President

TEMPE, Ariz.--(BUSINESS WIRE)--Wrap Technologies, Inc. (Nasdaq: WRAP) (“Wrap” or the “Company”), a global leader in innovative public safety technologies and services, today announced that it has appoin...

4 Security Services Stocks to Gain Amid Industry Challenges

Healthy demand for cyber and other security products and the need to ensure the safety & security of infrastructure are aiding players in the Zacks Security and Safety Services industry. JCI, KNBE, VRRM...

Other symbols: JCIKNBEVRRM

Wrap Technologies to Participate in the 2022 Virtual Growth Conference by Maxim Group LLC on March 28-30, 2022

TEMPE, Ariz., March 23, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that the C...

Down 34.7% in 4 Weeks, Here's Why You Should You Buy the Dip in Wrap Technologies, Inc. (WRAP)

Wrap Technologies, Inc. (WRAP) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnin...

Wrap Technologies Reports Fourth Quarter and Full-Year 2021 Results

Delivered 96% Full-Year Revenue Growth and Generated Increased Brand Awareness Across Markets

Wrap Technologies to Present at the 34th Annual Roth Conference on March 13-15, 2022

TEMPE, Ariz., March 08, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, today announced that the C...

Wrap Technologies Announces Release Date for Fourth Quarter and Full Year Fiscal 2021 Results

TEMPE, Ariz., March 01, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (“WRAP” or the “Company”), a global leader in innovative public safety technologies and services, today announced ...

WRAP Receives Largest Subscription Order to Date for its WRAP Reality Virtual Training Platform

TEMPE, Ariz., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Wrap Technologies, Inc. (Nasdaq: WRAP) (the “Company”), a global leader in innovative public safety technologies and services, announced that it has recei...