Wrap Technologies, Inc. Hits New 52-Week High of $2.63
Wrap Technologies, Inc. has achieved a new 52-week high, reflecting a substantial increase from its previous low and showcasing strong performance compared to the S&P 500. With a market cap of USD 92 million, the company faces challenges, including negative return on equity and a high price-to-book ratio.
Wrap Technologies, Inc., a microcap player in the Pharmaceuticals & Biotechnology sector, has reached a significant milestone by hitting a new 52-week high of USD 2.63 on September 19, 2025. This achievement marks a notable increase from its 52-week low of USD 1.20, reflecting an impressive one-year performance of 85.0%, significantly outperforming the S&P 500, which recorded a gain of 16.64% over the same period.With a market capitalization of USD 92 million, Wrap Technologies operates in a competitive industry characterized by rapid innovation and development. The company's financial metrics indicate a challenging landscape, as it currently reports a negative return on equity of -127.86% and a debt-to-equity ratio of -0.34. Additionally, the stock does not offer a dividend yield, and its price-to-book ratio stands at 7.82.
This recent price movement underscores the dynamic nature of Wrap Technologies, Inc. as it navigates the complexities of the pharmaceuticals and biotechnology market.
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