Wrap Technologies Inc

Company Profile

Wrap Technologies Inc had its IPO on 2018-05-29 under the ticker symbol WRAP.

The company operates in the Technology sector and Scientific & Technical Instruments industry. Wrap Technologies Inc has a staff strength of 69 employees.

Stock update

Shares of Wrap Technologies Inc opened at $1.04 at the start of the last trading session i.e. 2023-06-03.

The stocks traded within a range of $0.99 - $1.04, and closed at $1.01.

This is a -3.46% slip from the previous day's closing price.

A total volume of 155,200 shares were traded at the close of the day’s session.

In the last one week, shares of Wrap Technologies Inc have slipped by -8.64%.

Wrap Technologies Inc's Key Ratios

Wrap Technologies Inc has a market cap of $41.87 million, indicating a price to book ratio of 3.8166 and a price to sales ratio of 14.3962.

In the last 12-months Wrap Technologies Inc’s revenue was $7.16 million with a gross profit of $3.73 million and an EBITDA of $-16019000. The EBITDA ratio measures Wrap Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wrap Technologies Inc’s operating margin was -234.58% while its return on assets stood at -31.18% with a return of equity of -53.62%.

In Q1, Wrap Technologies Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 55.5%.

Wrap Technologies Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.39 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wrap Technologies Inc’s profitability.

Wrap Technologies Inc stock is trading at a EV to sales ratio of 13.1578 and a EV to EBITDA ratio of -4.8769. Its price to sales ratio in the trailing 12-months stood at 14.3962.

Wrap Technologies Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$27.24 million

Total Liabilities

$3.39 million

Operating Cash Flow

$7.24 million

Capital Expenditure

$146000

Dividend Payout Ratio

0%

Wrap Technologies Inc ended 2023 with $27.24 million in total assets and $0 in total liabilities. Its intangible assets were valued at $27.24 million while shareholder equity stood at $23.56 million.

Wrap Technologies Inc ended 2023 with $0 in deferred long-term liabilities, $3.39 million in other current liabilities, 4000.00 in common stock, $-71404000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $9.50 million and cash and short-term investments were $16.00 million. The company’s total short-term debt was $111,000 while long-term debt stood at $0.

Wrap Technologies Inc’s total current assets stands at $23.64 million while long-term investments were $0 and short-term investments were $6.50 million. Its net receivables were $1.15 million compared to accounts payable of $1.38 million and inventory worth $5.63 million.

In 2023, Wrap Technologies Inc's operating cash flow was $7.24 million while its capital expenditure stood at $146000.

Comparatively, Wrap Technologies Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price

$1.01

52-Week High

$2.9

52-Week Low

$0.95

Analyst Target Price

$2.5

Wrap Technologies Inc stock is currently trading at $1.01 per share. It touched a 52-week high of $2.9 and a 52-week low of $2.9. Analysts tracking the stock have a 12-month average target price of $2.5.

Its 50-day moving average was $1.33 and 200-day moving average was $1.79 The short ratio stood at 27.31 indicating a short percent outstanding of 0%.

Around 3484.7% of the company’s stock are held by insiders while 1051.4% are held by institutions.