<div id="readability-page-1"><p>Wrap Technologies, Inc. (NASDAQ:WRAP - Get Free Report) rose 2.6% on Friday . The stock traded as high as $2.90 and last traded at $2.79. Approximately 999,752 shares traded hands during trading, an increase of 160% from the average daily volume of 385,189 shares. The stock had previously closed at $2.72.</p><div><p><span></span><span>Get <strong>Wrap Technologies</strong> alerts:</span></p></div><h2>Analysts Set New Price Targets</h2><p>WRAP has been the topic of a number of research analyst reports. Weiss Ratings  reaffirmed a &#34;sell (d-)&#34; rating on shares of Wrap Technologies in a report on Tuesday, October 14th. Wall Street Zen raised Wrap Technologies from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Friday, October 3rd. One equities research analyst  has rated the stock with a Sell rating,  Based on data from MarketBeat, Wrap Technologies presently has a consensus rating of &#34;Sell&#34;.</p><p><b>View Our Latest Stock Report on Wrap Technologies</b></p><h2>Wrap Technologies Stock Up 2.6%</h2><p>The firm has a market capitalization of $143.82 million, a price-to-earnings ratio of -9.30 and a beta of 1.39. The business has a 50-day moving average of $2.40 and a two-hundred day moving average of $1.85. </p><p>Wrap Technologies (NASDAQ:WRAP - Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The company reported ($0.06) EPS for the quarter. Wrap Technologies had a negative return on equity of 194.93% and a negative net margin of 300.11%.The firm had revenue of $3.51 million during the quarter. </p><h2>Institutional Investors Weigh In On Wrap Technologies</h2><p>A number of institutional investors have recently bought and sold shares of WRAP. Thompson Davis &amp; CO. Inc. acquired a new position in shares of  Wrap Technologies in the 2nd quarter valued at $103,000.  XTX Topco Ltd acquired a new stake in shares of  Wrap Technologies during the 2nd quarter valued at about $32,000.  Osaic Holdings Inc. increased its stake in  Wrap Technologies by 13.6% in the second quarter. Osaic Holdings Inc. now owns 53,708 shares of the company's stock valued at $84,000 after acquiring an additional 6,442 shares during the period.  Vanguard Group Inc. raised its position in  Wrap Technologies by 6.3% in the third quarter. Vanguard Group Inc. now owns 1,660,908 shares of the company's stock worth $3,604,000 after purchasing an additional 98,782 shares in the last quarter.  Finally, Squarepoint Ops LLC lifted its stake in  Wrap Technologies by 45.3% during the third quarter. Squarepoint Ops LLC now owns 50,209 shares of the company's stock worth $109,000 after purchasing an additional 15,650 shares during the period. Institutional investors and hedge funds own  8.82% of the company's stock. </p><h2>About Wrap Technologies</h2> (Get Free Report)<p>Wrap Technologies, Inc, a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company's flagship product is BolaWrap 150, a handheld remote restraint device that discharges a seven and a half-foot Kevlar tether, entangling an individual from a range of 10-25 feet.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Wrap Technologies</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>Rocket Lab’s Big Rebound? Analysts Suggest the Dip's a Gift</li><li>Are Penny Stocks a Good Fit for Your Portfolio?</li><li>Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish</li><li>Procter &amp; Gamble <span>NYSE: PG<span></span></span> Pulls Back After Shaky Guidance</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Wrap Technologies Right Now?</h2><p>Before you consider Wrap Technologies, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wrap Technologies wasn't on the list.</p><p>While Wrap Technologies currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

WRAP

<p>Wrap Technologies (NASDAQ:WRAP) stock rose 2.6% to $2.79, with trading volume up 160% from average. Despite the rise, analysts maintain a consensus 'Sell' rating. The company reported a quarterly EPS of ($0.06) and revenue of $3.51 million. Institutional investors have adjusted their positions, with Vanguard Group Inc. increasing its stake. Wrap Technologies develops public safety solutions, including the BolaWrap 150 device.</p>

Wrap Technologies (NASDAQ:WRAP) Stock Price Up 2.6% - Here's What Happened