Wrap Technologies, Inc. (WRAP)
Wrap Technologies, Inc. operates in the Hardware, Equipment & Parts industry of the Technology sector, headquartered in Miami, FL, US. The stock last traded at $1.73, down 7.75% on the session, giving a market capitalisation of $96.1M. On trailing twelve-month figures it carries a trailing P/E of -6.35, a net margin of -225.8%. Its beta of 1.33 implies it has historically moved more than the broad market.
Wrap Technologies, Inc. is an enterprise dedicated to public safety technology and services, engineering advanced solutions for security personnel and law enforcement agencies. Its flagship offering is the BolaWrap 150, a portable, remote restraint tool designed to de-escalate situations. This innovative device propels a Kevlar cord, enabling officers to safely manage uncooperative individuals from distances ranging between 10 and 25 feet. Established in 2016 and based in Tempe, Arizona, Wrap Technologies maintains a broad international footprint, serving markets across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.
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