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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Wrap Technologies, Inc.    WRTC

WRAP TECHNOLOGIES, INC.

(WRTC)
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WRTC INVESTIGATION ALERT: Bernstein Liebhard is Investigating Wrap Technologies Limited For Violations of the Securities Laws

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09/27/2020 | 05:07pm EDT

Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Wrap Technologies, Inc. ("Wrap" or the "Company") (NASDAQ:WRTC) resulting from allegations that Wrap might have issued misleading information to the investing public.

If you purchased Wrap securities, and/or would like to discuss your legal rights and options please visit Wrap Shareholder Investigation or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

On September 23, 2020, White Diamond Research published a report entitled “Wrap Technologies: Disastrous LAPD BolaWrap Pilot Program Results, No Evidence These Have Been Communicated To Investors” alleging, among other things, that the Company’s trial pilot program with the LAPD was a disaster, and that the Company had not disclosed the results to investors.

On this news, securities of Wrap fell $2.07 per share, or 25.43% to close at $6.07 per share on September 23, 2020.

If you purchased Wrap securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/wraptechnologiesinc-wrtc-shareholder-class-action-lawsuit-stock-fraud-314/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.

© Business Wire 2020

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Financials (USD)
Sales 2020 4,87 M - -
Net income 2020 - - -
Net Debt 2020 - - -
P/E ratio 2020 -
Yield 2020 -
Capitalization 205 M 205 M -
Capi. / Sales 2020 42,1x
Capi. / Sales 2021 12,4x
Nbr of Employees 24
Free-Float 55,1%
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Technical analysis trends WRAP TECHNOLOGIES, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 13,00 $
Last Close Price 5,61 $
Spread / Highest target 150%
Spread / Average Target 132%
Spread / Lowest Target 114%
Managers
NameTitle
Marc Thomas Chief Executive Officer
Thomas P. Smith President
Scot J. Cohen Executive Chairman
Michael Rothans Chief Operating Officer
James A. Barnes Chief Financial Officer, Secretary & Treasurer
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