Wrap Technologies Inc (WRTC) Gets a Buy Rating from Chardan Capital

In a report released today, James McIlree from Chardan Capital reiterated a Buy rating on Wrap Technologies Inc (WRTCResearch Report), with a price target of $9. The company’s shares closed last Monday at $4.50.

According to TipRanks.com, McIlree ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.2% and a 38.2% success rate. McIlree covers the Consumer Goods sector, focusing on stocks such as Foresight Autonomous Holdings Ltd, Vuzix Corporation, and Arcimoto Inc.

Currently, the analyst consensus on Wrap Technologies Inc is a Moderate Buy with an average price target of $9.

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The company has a one-year high of $8 and a one-year low of $2.89. Currently, Wrap Technologies Inc has an average volume of 156.7K.

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Wrap Technologies, Inc operates as a development stage security technology company. It focuses on delivering solutions to customers, primarily law enforcement and security personnel.