How to Buy Wrap Technologies Stock
Wrap Technologies Inc
Wrap Technologies, Inc. , a public safety technology and services company, develops policing solutions to law enforcement and security personnel.
Wrap Technologies stock last closed at $1.84, down 2.13% from the previous day, and has increased 46.03% in one year. It has overperformed other stocks in the Scientific & Technical Instruments industry by 0.43 percentage points. Wrap Technologies stock is currently +93.68% from its 52-week low of $0.95, and -73.75% from its 52-week high of $7.01.
As of Apr 26, 2024, there are 44.21M WRAP shares outstanding. The market value of WRAP is $81.35M. In the last 24 hours, 222,976 WRAP shares were traded.
How to Buy Wrap Technologies Stock
Not sure how to invest in Wrap Technologies stock? Here's how.
- Figure out where to buy Wrap Technologies stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you figure out where to buy Wrap Technologies stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your information.
- Research Wrap Technologies stock: The Wrap Technologies ticker symbol is WRAP. Is Wrap Technologies stock a good investment? Should you buy shares of WRAP? How do WRAP's underlying business fundamentals look? Do top analysts think Wrap Technologies is a good buy? Why has WRAP's stock price moved recently? (Hint: Our stock research website can help you evaluate if WRAP is a good stock to buy).
- Make your WRAP trade: Decide if you will purchase WRAP shares at the current market price or use a limit order to buy WRAP stock at a particular price.
- Get notifications regarding your investment in WRAP: Create a watchlist to keep track of your position in Wrap Technologies stock.
Step 1: Figure out where to buy Wrap Technologies stock
You need a brokerage account to access the NASDAQ market and buy WRAP shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you are able to buy WRAP today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on investing apps, you need to deposit funds:
Check out this video walkthrough if you need help transferring money into your investment account.
Step 4: Research Wrap Technologies stock
Once you have selected the best place to buy Wrap Technologies stock, it's very important to analyze their stock prior to investing, so you actually understand the risk and upside.
Wrap Technologies stock data
WRAP Due Diligence Checks
WallStreetZen was designed to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on WRAP's stock page.
How is WRAP stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge WRAP's true value.
Using relative valuations metrics:
- WRAP could be overvalued based on its P/B ratio of 3.95x, relative to Scientific & Technical Instruments industry P/B ratio of 3.09x
You can access additional valuation analysis on WRAP's stock here.
WRAP Financials at a glance
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the WRAP balance sheet.
- There are more short-term assets than short-term liabilities on the WRAP balance sheet.
Negative Financial Indicators:
- WRAP profit margin has gone up by 1.09 percentage points in the past year, but the company is still unprofitable.
- WRAP has $14.93M in cash and short term investments. This is not sufficient to cover its annual cash burn of $16.67M.
- WRAP has cash burn of 16673000. It does not have enough cash and short-term investments to cover this.
- Total WRAP debt is higher than 5 years ago, relative to shareholder equity.
- WRAP has a relatively high debt to equity ratio of 0.54.
WRAP Technical Indicators
WRAP Performance Numbers
Last year, WRAP revenue was $9.13M. Over the past 5 year, WRAP's revenue has grown by 445.5% per year. This was faster than the Scientific & Technical Instruments industry average of 9.04%.
You can research WRAP's earnings and revenue performance here.
What are WRAP insiders up to?
In the past 12 months, insiders at WRAP have sold more shares than they have bought.
Christopher James Dealmeida, CHIEF FINANCIAL OFFICER of WRAP, was the latest WRAP insider to sell. They sold $19,220.42 worth of WRAP shares on Jul 26, 2023.
Get more info about who owns WRAP shares here.
Can I rely on WRAP as an income stream?
No, Wrap Technologies doesn't provide an income stream by paying out dividends.
What do other investors have to say about WRAP?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your WRAP trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and your broker will execute your order.
If you want more info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your investment in WRAP
Now that you own some shares in WRAP, you'll want to keep up with your investment.
Make a watchlist to get notified of important updates regarding your WRAP stock.
WRAP Feed
How to Buy Stock in Wrap Technologies
To summarize, here are the 6 steps for buying Wrap Technologies stock:
- Figure out where to buy Wrap Technologies stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Research Wrap Technologies stock
- Make your WRAP trade
- Get notifications regarding your investment in WRAP
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Wrap Technologies, add WRAP to your watchlist below.
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