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Wrap Technologies Inc

Wrap Technologies Inc (WRAP)

1.6114
0.1264
( 8.51% )
Updated: 15:23:16

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
1.6114
Bid
1.61
Ask
1.62
Volume
211,566
1.48 Day's Range 1.63
0.95 52 Week Range 7.01
Market Cap
Previous Close
1.485
Open
1.48
Last Trade
269
@
1.6114
Last Trade Time
15:23:16
Financial Volume
$ 331,280
VWAP
1.5658
Average Volume (3m)
377,869
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 $1.49. 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 Technologies (WRAP) Options Flow Summary

Overall Flow

Bullish

Net Premium

51k

Calls / Puts

100.00%

Buys / Sells

100.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.01140.71251.61.641.461809511.51284905CS
4-0.3186-16.50777202071.932.241.462694151.76181442CS
12-2.4486-60.31034482764.064.141.463778692.59659595CS
26-1.3686-45.92617449662.987.011.464535753.0612738CS
520.411434.28333333331.27.010.953101882.73443053CS
156-4.4886-73.58360655746.19.80.952944463.70195591CS
260-4.2286-72.40753424665.849.80.953464444.20262917CS

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WRAP Discussion

View Posts
Hulk Hogan is God Hulk Hogan is God 1 hour ago
I waited till she stopped slapping me before I came back in the house :)
👍️0
Teliz2009 Teliz2009 4 hours ago
LOL! You’re like an abused husband
👍️0
Hulk Hogan is God Hulk Hogan is God 4 hours ago
I bought back in at $1.55 on the news of auditor hired
👍️0
Teliz2009 Teliz2009 5 hours ago
Welcome Daviess County Sheriff's Office! Daviess County picked up the full trifecta of products. BolaWrap, Intrensic and WrapReality. The dominoes are falling. The Hulkster is sad to see his ex moving on without him.
👍️0
Hulk Hogan is God Hulk Hogan is God 5 hours ago
Hey! They hired a new auditor! Imagine that person’s shock looking at the mess the last guy had to deal with…
👍️0
Hulk Hogan is God Hulk Hogan is God 1 day ago
She’s just turned out SO BAD! President resigns in disgrace and the PR says it wasn’t in disgrace….

Oh, it was in disgrace alright :)
👍️0
Teliz2009 Teliz2009 1 day ago
The bitter ex is at it again. This is borderline stalking. Let her go Hulk. Lol
👍️0
Hulk Hogan is God Hulk Hogan is God 1 day ago
Wow, it keeps getting worse, that place is coming apart at the seams.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 days ago
“On May 7, 2024, Kevin Mullins notified Wrap Technologies, Inc. (the “Company”) of his intention to resign from his position as President of the Company, effective May 23, 2024. Mr. Mullins’ resignation is not the result of any disagreement regarding any matter relating to the Company’s operations, policies, or practices.”

SURE it wasn’t the result of any disagreement. LOL! It was the result
of him crapping the bed!!!!
👍️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.”
👍️0
Hulk Hogan is God Hulk Hogan is God 3 days ago
When this goes OTC after delisting how does that impact share structure for those holding bag…um I mean shares?

They were given 60 days when Nasdaq gave em delisting notification.

Then their auditor resigned after that.

Weeks pass.

Tick tock OTC. So what will THAT look like?
👍️0
Hulk Hogan is God Hulk Hogan is God 3 days ago
Who is talking about Tasers? They are already established! We’re talking about why the BOLAWRAP, the “revolutionary” new police tool from the minds of Marvel Comics, DIDN’T work. We are wondering why Seattle’s police department dropped it stating ineffectiveness. We are wondering why they’ve gotten delisting notifications from Nasdaq for not filing earnings even though it is MAY. We are wondering why their auditor just resigned. We are wondering who let this CEO have the keys.

We are NOT wondering about Taser. Wrong board brother.
👍️0
Hulk Hogan is God Hulk Hogan is God 4 days ago
Shady financing? Auditor just resigned?

Lower sales in 2023 than 2022? And we are supposed to think it’s “growing”?

They can’t even file earnings! Nasdaq has given them a delisting notification!

Whoever is running this thing should change jobs with someone who isn’t clueless.
👍️0
Hulk Hogan is God Hulk Hogan is God 4 days ago
Insiders who bought those convertibles are frustrated PPS isn’t making them a profit anymore.

More dilution will bleed from any PPS increase short term with this stinker.
👍️0
Hulk Hogan is God Hulk Hogan is God 4 days ago
One thing is for sure, Seattle PD just DROPPED the “revolutionary” Batman inspired BOLAWRAP.

Seattle PD said it was ineffective. Ouch. JUST like what happened in Florida. Huh.

👍️0
Teliz2009 Teliz2009 4 days ago

“News stories in Florida about Bolawrap actually INCREASING officer danger as they fail to apprehend approaching suspect who gets shot and killed. “
Not even close to the truth. I guess TASERs are INCREASING officer danger as they fail?
👍️0
Hulk Hogan is God Hulk Hogan is God 4 days ago
The lipstick wore off and guess what’s underneath? Oink, oink my good man.
👍️0
Hulk Hogan is God Hulk Hogan is God 4 days ago
Tell me when I’m telling lies brother :)
👍️0
Teliz2009 Teliz2009 4 days ago
Bitter ex husband goes off the rails.
👍️0
Hulk Hogan is God Hulk Hogan is God 5 days ago
Let’s get a recap of Bolawrap these days:

They haven’t released 2023 earnings and it is May.

NASDAQ has sent them a delisting notification.

Seattle PD just dropped the Bolawrap program stating ineffectiveness.

Their financial auditor just resigned.

News stories in Florida about Bolawrap actually INCREASING officer danger as they fail to apprehend approaching suspect who gets shot and killed.

And finally, the new CEO can’t change his diapers fast enough. Maybe HE’S happy, the folks who bought convertible insider shares are happy. But police departments don’t seem to be happy. Investors certainly aren’t.

👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Nevermind I see it here.

https://www.fox13news.com/news/hillsborough-county-sheriffs-office-on-scene-of-deputy-involved-shooting.amp

Too bad for that dude, non-lethal failed
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Re-read your article dude, no taser mentioned. Too bad they didn’t have one, might have saved this guy’s life. They trusted in the Bolawrap, and the suspect died while the officers were put in more danger.

https://www.wtsp.com/article/news/local/hillsboroughcounty/plant-city-deputy-involved-shooting/67-8b1cfdac-a9f2-46c7-a56a-aa27e17c3889
👍️0
Teliz2009 Teliz2009 6 days ago
“Suspect charging you and all you have is a Bolawrap in your hands? NOT good. Placing officer in MORE danger. “
I guess you’d have to say the same about the Taser as it didn’t work either.
👍️0
Teliz2009 Teliz2009 6 days ago
A more accurate review of the body cam video shows me a couple things. The Taser sighting shows as dot and the BolaWrap shows as a line or plane. Right before the suspect steps through the gate you see the BolaWrap sighting up in the trees. I never really catch a good look at the sighting after that….. maybe high near the suspects neck at one point but really never again. As soon as the suspect steps through the gate you hear the BolaWrap being deployed……. This doesn’t seem like proper technique. I feel like the officer that deployed the Taser would have had better success as the suspect was in nice position away from the gate. The more they use the BolaWrap the better they’ll get. Unfortunately for this suspect neither Taser nor BolaWrap were deployed successfully.
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
What happens when a cop dies after deploying a failing Bolawrap…
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Suspect charging you and all you have is a Bolawrap in your hands? NOT good. Placing officer in MORE danger.

https://www.wtsp.com/article/news/local/hillsboroughcounty/plant-city-deputy-involved-shooting/67-8b1cfdac-a9f2-46c7-a56a-aa27e17c3889
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Bolawrap, in field failures lead to departments cancelling the device completely?

Seattle PD just cancelled order stating ineffectiveness and now Florida stories of Bolawrap failing and leading to police being in increased danger and lethal results?

Haven’t reported earnings and it’s May?

Delisting notification from Nasdaq

Their auditor just resigned?

Bola. Good idea, bad execution. A failed product being diluted before insiders can’t cash in anymore….
👍️0
Hulk Hogan is God Hulk Hogan is God 6 days ago
Seattle PD knew what it was doing
👍️0
Teliz2009 Teliz2009 7 days ago
They used the BolaWrap……..and Taser.
👍️0
Hulk Hogan is God Hulk Hogan is God 7 days ago
Def coulda used a bola there
👍️0
Teliz2009 Teliz2009 7 days ago
Unfortunately you’ll get this:
https://www.wtsp.com/article/news/local/hillsboroughcounty/plant-city-deputy-involved-shooting/67-8b1cfdac-a9f2-46c7-a56a-aa27e17c3889
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
More of THIS please

https://www.kens5.com/article/news/local/law-enforcement/bolawrap-police-weapon-policy-device-seguin-texas-how-used/273-d182bc8a-e7af-49e8-be02-4f84e827b028
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
Everything got worse dude! They started dropping the ball in quick order!

Sales lower in 2023 than 2022.

They haven’t released earning and it’s May.

Their auditor resigned (with late earnings this looks BAD)

Seattle PD dropped Bolawrap stating ineffectiveness. Isn’t it supposed to be going the OTHER way???



You’re still sitting there like it’s six months ago and the new CEO hasn’t crapped all over the place.
👍️0
Teliz2009 Teliz2009 1 week ago
You used to be such a big cheerleader. Now you’re a real glass half empty kinda dude.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
Kinda hard for new metro cities to get into this when they are staring at Seattle PD cancelling their contract touting non effectiveness in the field.

New city budget folks I’m sure are VERY impressed this “revolutionary” device hasn’t reported earnings from last year….even though it’s May.

They are confident with investing into a company that has fewer sales in 2023 than in 2022.

They LOVE the fact that WRAP’s auditor QUIT last week. Don’t expect the books to get uncooked anytime soon!

Just SO much wonderful news!!!
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
OUCH!

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.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
No, I don’t think the CEO is on steroids.
That would give him some sort of an edge against the competition! This guy is knee deep in delisting notifications, non reported lower earnings, and major metro police departments cancelling Bolawrap programs!

Can we GET him some “assistance”? Maybe something for the pants crapping ever since he took over?
👍️0
Teliz2009 Teliz2009 1 week ago
Roid rage?
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
The CEO needs his diapers changed, it’s starting to leak down his leg.
👍️0
Hulk Hogan is God Hulk Hogan is God 1 week ago
It’s May and STILL no earnings from 2023?

What they have hinted at shows fewer sales in 2023 than in 2022?

Their auditor just resigned?

They’ve gotten delisting notifications from NASDAQ?

Seattle PD just STOPPED using Bola after trying it?



Where is the good news?!?

Oh yeah, that’s right. In his self typed PR, he has a new “exciting” agreement with a company in another country. Someone print some converted shares and sell em quick lol!

👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
I agree, a failure.
👍️0
Teliz2009 Teliz2009 2 weeks ago
If the BolaWrap was only deployed 3 times it leads me to believe almost all the officers didn’t want to take the time to be trained

Only Officers Trained by ETS May Use the BolaWrap

The department may remove volunteer officers from participation in the
pilot program for failure to deploy with the BolaWrap after being trained
and issued the device.

https://public.powerdms.com/Sea4550/documents/2369061
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
“SPD quietly ended its Bola Wrap Pilot Program soon after the technology failed to prevent cops from shooting a man holding a knife downtown last year. This Batman-esque device seemed like a dumb idea from the start.”
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
Nichols clearly didn’t poll Seattle, the major urban police department that just DROPPED Bola after they only used it three total times in 2023 :(
👍️0
Teliz2009 Teliz2009 2 weeks ago
According to Nichols, officers in the field are reporting an impressive 86% success rate using the devices.

https://www.fox17online.com/news/local-news/new-hope-for-police-de-escalation-bolawrap-device-offers-safer-alternative-to-stun-guns
👍️0
Teliz2009 Teliz2009 2 weeks ago
Seems we’ve switched roles! Lol
Oh well…… I like the risk/reward from here.
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
And you sound like the wife who makes excuses for their abusive spouse brother :)
👍️0
Hulk Hogan is God Hulk Hogan is God 2 weeks ago
You are missing the glaring fact that:

1. Seattle’s police department purchased it.

2. They found it ineffective.

3. They stopped using it.


You can talk about sample size all you want, fact is this thing should be ADDING big cities, and they just LOST one that had been using their product. That is horrific news.

Especially adding it to:

Earnings that never showed up, delisting notification from Nasqaq

Their auditor just resigned!!!

Lower sales in 2023 than 2022



The future don’t look bright imo, just the facts on the ground.
👍️0
Teliz2009 Teliz2009 2 weeks ago
P.S. - You sound like a bitter ex
👍️0
Teliz2009 Teliz2009 2 weeks ago
The sample size (3 deployments) is not large enough to make a determination. In Seattle is deployment considered a “Use of Force “ requiring extra paperwork?
👍️0

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