Wrap Technologies Stock Today
WRAP Stock | USD 1.51 0.16 9.58% |
Performance0 of 100
| Odds Of DistressLess than 46
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Wrap Technologies is selling at 1.51 as of the 1st of May 2024; that is -9.58 percent down since the beginning of the trading day. The stock's last reported lowest price was 1.5. Wrap Technologies has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Wrap Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 29th of May 2018 | Category Technology | Classification Information Technology |
Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company was founded in 2016 and is based in Tempe, Arizona. Wrap Technologies operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. The company has 44.21 M outstanding shares of which 5.96 M shares are at this time shorted by private and institutional investors with about 14.09 trading days to cover. More on Wrap Technologies
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Wrap Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wrap Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wrap Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and Director | Marco Alfonsi | ||||
Thematic Idea | Defense (View all Themes) | ||||
Business Concentration | Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Information Technology, Defense, Information Technology, Electronic Equipment, Instruments & Components, Scientific & Technical Instruments, Technology (View all Sectors) | ||||
Average Analyst Recommendation Analysts covering Wrap Technologies report their recommendations after researching Wrap Technologies' financial statements, talking to executives and customers, or listening in on Wrap Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Wrap Technologies. The Wrap consensus assessment is calculated by taking the average forecast from all of the analysts covering Wrap Technologies. | |||||
Wrap Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wrap Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wrap Technologies' financial leverage. It provides some insight into what part of Wrap Technologies' total assets is financed by creditors.
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Wrap Technologies (WRAP) is traded on NASDAQ Exchange in USA. It is located in 1817 West 4th Street, Tempe, AZ, United States, 85281 and employs 69 people. Wrap Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 73.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wrap Technologies's market, we take the total number of its shares issued and multiply it by Wrap Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wrap Technologies conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 44.21 M outstanding shares of which 5.96 M shares are at this time shorted by private and institutional investors with about 14.09 trading days to cover.
Wrap Technologies currently holds about 28.5 M in cash with (16.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.69.
Check Wrap Technologies Probability Of Bankruptcy
Ownership AllocationWrap Technologies owns a total of 44.21 Million outstanding shares. Wrap Technologies owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Wrap Ownership Details
Wrap Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Wrap Technologies jumping above the current price in 90 days from now is over 95.26%. The Wrap Technologies probability density function shows the probability of Wrap Technologies stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.362. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Wrap Technologies will likely underperform. Additionally, wrap Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Wrap Technologies to move above the current price in 90 days from now is over 95.26 (This Wrap Technologies probability density function shows the probability of Wrap Stock to fall within a particular range of prices over 90 days) .
Wrap Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Wrap Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wrap Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wrap Technologies' value.Instituion | Recorded On | Shares | |
Morgan Stanley - Brokerage Accounts | 2023-12-31 | 73.6 K | |
Lpl Financial Corp | 2023-12-31 | 66.7 K | |
Main Street Financial Solutions, Llc (pa) | 2024-03-31 | 61.9 K | |
Welch Group, Llc | 2024-03-31 | 51.3 K | |
Northern Trust Corp | 2023-12-31 | 45.3 K | |
Citigroup Inc | 2023-12-31 | 40.8 K | |
Jane Street Group, Llc | 2023-12-31 | 39.7 K | |
Commonwealth Equity Services Inc | 2023-12-31 | 39.1 K | |
Bridgeway Capital Management, Llc | 2023-12-31 | 38.4 K | |
Vanguard Group Inc | 2023-12-31 | 1.1 M | |
Blackrock Inc | 2023-12-31 | 497.6 K |
Wrap Technologies Historical Income Statement
Wrap Technologies Income Statement is one of the three primary financial statements used for reporting Wrap's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wrap Technologies revenue and expense. Wrap Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Wrap Technologies' Interest Expense is relatively stable compared to the past year. As of 05/01/2024, Total Revenue is likely to grow to about 9.6 M, while Net Loss is likely to drop (16.1 M). View More FundamentalsWrap Stock Against Markets
Picking the right benchmark for Wrap Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wrap Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wrap Technologies is critical whether you are bullish or bearish towards Wrap Technologies at a given time. Please also check how Wrap Technologies' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Wrap Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Wrap Technologies Corporate Management
Elected by the shareholders, the Wrap Technologies' board of directors comprises two types of representatives: Wrap Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wrap. The board's role is to monitor Wrap Technologies' management team and ensure that shareholders' interests are well served. Wrap Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wrap Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Glenn Hickman | Chief Officer | Profile | |
Christopher DeAlmeida | Chief Officer | Profile | |
Jags Gill | VP Sales | Profile | |
Carlos Casas | VP Marketing | Profile | |
Jared Novick | Chief Officer | Profile |
How to buy Wrap Stock?
Before investing in Wrap Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wrap Technologies. To buy Wrap Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wrap Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wrap Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wrap Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wrap Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wrap Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wrap Stock please use our How to Invest in Wrap Technologies guide.
Already Invested in Wrap Technologies?
The danger of trading Wrap Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wrap Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wrap Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wrap Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wrap Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wrap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wrap Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Wrap Technologies Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrap Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.Note that the Wrap Technologies information on this page should be used as a complementary analysis to other Wrap Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Wrap Technologies' price analysis, check to measure Wrap Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Wrap Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wrap Technologies. If investors know Wrap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wrap Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.38) | Revenue Per Share 0.218 | Quarterly Revenue Growth 1.135 | Return On Assets (0.31) | Return On Equity (0.61) |
The market value of Wrap Technologies is measured differently than its book value, which is the value of Wrap that is recorded on the company's balance sheet. Investors also form their own opinion of Wrap Technologies' value that differs from its market value or its book value, called intrinsic value, which is Wrap Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wrap Technologies' market value can be influenced by many factors that don't directly affect Wrap Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wrap Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wrap Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wrap Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.