Stock under Close Observation: Wrap Technologies Inc (NASDAQ: WRTC)

” We are delighted that Chief Henry King and Edenton Police Department has actually decided to execute our remote restraint service as part of their less lethal toolkit,” specified Mike Rothans, Chief Operating Officer at Wrap Technologies. “The following quote from Chief King recognizes the positioning of BolaWrap as an additional early engagement tool.”

On Monday, Wrap Technologies Inc (NASDAQ: WRTC) stayed amongst the day gainers losers and traded with modification of 2.36% on volume of 76,644 shares in the last session as compared to average volume of 82050 shares. Throughout last trade its minimum price was $3.41 and it gained greatest cost of $3.52.

Wrap Technologies, Inc (WRTC) recently specified on a current demonstration and training of the BolaWrap to Edenton Police Department in North Carolina. CBS 3 WKTRs Allison Mechanic stated that Edenton PD will be the very first department in North Carolina to bring the device. The story was syndicated and aired on tv in North Carolina, South Carolina, Kentucky, Pennsylvania, Tennessee, Missouri, Virginia, Ohio, Georgia, Michigan, and New York.

Analyst recommendation for this stock stands at 2.00. The volatility in the previous week has actually experienced by 4.85% and observed of 4.80% in the previous month.7.50% ownership is held by institutional financiers while experts hold ownership of 18.10%.

” It is a potential customers for us to have something in our tool belt,” described Edenton Police Chief Henry King, who hosted the discussion. “When youre going to repair a home, you wish to have more than just a hammer. This gives us an additional tool to take somebody into custody without utilizing a different, greater level of force.”