Wrap Technologies, Inc. Hits New 52-Week High of $2.66

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 2.66 on September 22, 2025. This achievement marks a notable increase from its 52-week low of USD 1.20, reflecting an impressive one-year performance of 82.86%, significantly outpacing the S&P 500's performance of 16.64%.
Despite its recent price surge, Wrap Technologies operates with a market capitalization of USD 92 million and is currently in a loss-making position, as indicated by its negative price-to-earnings ratio. The company also shows a return on equity of -127.86%, suggesting challenges in generating profit from its equity base. Additionally, the stock has a price-to-book ratio of 7.82, indicating that investors are valuing the company at a premium compared to its book value.

As Wrap Technologies continues to navigate the competitive landscape of the pharmaceuticals and biotechnology industry, its recent price movement highlights the dynamic nature of the market and the company's current standing.