Jared Novick - Wrap Technologies Chief Officer

WRAP Stock  USD 1.49  0.02  1.32%   

Executive

Jared Novick is Chief Officer of Wrap Technologies
Age 40
Address 1817 West 4th Street, Tempe, AZ, United States, 85281
Phone800 583 2652
Webhttps://www.wrap.com

Wrap Technologies Management Efficiency

The company has return on total asset (ROA) of (0.3069) % which means that it has lost $0.3069 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6078) %, meaning that it created substantial loss on money invested by shareholders. Wrap Technologies' management efficiency ratios could be used to measure how well Wrap Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/13/2024, Return On Tangible Assets is likely to drop to -0.75. In addition to that, Return On Capital Employed is likely to drop to -0.78. At this time, Wrap Technologies' Total Current Liabilities is relatively stable compared to the past year. As of 05/13/2024, Non Current Liabilities Total is likely to grow to about 434.7 K, while Liabilities And Stockholders Equity is likely to drop slightly above 25.2 M.
The company currently holds 301 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Wrap Technologies has a current ratio of 12.5, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Wrap Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Wrap Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wrap Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wrap to invest in growth at high rates of return. When we think about Wrap Technologies' use of debt, we should always consider it together with cash and equity.

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Wrap Technologies, Inc., a public safety technology and services company, develops policing solutions to law enforcement and security personnel. The company was founded in 2016 and is based in Tempe, Arizona. Wrap Technologies operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 68 people. Wrap Technologies (WRAP) is traded on NASDAQ Exchange in USA. It is located in 1817 West 4th Street, Tempe, AZ, United States, 85281 and employs 69 people. Wrap Technologies is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Wrap Technologies Leadership Team

Elected by the shareholders, the Wrap Technologies' board of directors comprises two types of representatives: Wrap Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wrap. The board's role is to monitor Wrap Technologies' management team and ensure that shareholders' interests are well served. Wrap Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wrap Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Glenn Hickman, Chief Officer
Christopher DeAlmeida, Chief Officer
Jags Gill, VP Sales
Scot Cohen, CEO CoFounder
Carlos Casas, VP Marketing
Jared Novick, Chief Officer
TJ Kennedy, CEO Director
Chief Lucca, Chief Officer
Michael Thomas, Senior Administration
Marcy Rigoni, Vice Resources
Kevin Mullins, President Director
Matt Campagni, Senior Operations
Giles Tipsword, Senior Sales

Wrap Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wrap Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wrap Technologies is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Wrap Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Wrap Technologies Stock. Highlighted below are key reports to facilitate an investment decision about Wrap Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wrap Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Wrap Stock, please use our How to Invest in Wrap Technologies guide.
Note that the Wrap Technologies information on this page should be used as a complementary analysis to other Wrap Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Wrap Technologies' price analysis, check to measure Wrap Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Wrap Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wrap Technologies. If investors know Wrap will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wrap Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.218
Quarterly Revenue Growth
1.135
Return On Assets
(0.31)
Return On Equity
(0.61)
The market value of Wrap Technologies is measured differently than its book value, which is the value of Wrap that is recorded on the company's balance sheet. Investors also form their own opinion of Wrap Technologies' value that differs from its market value or its book value, called intrinsic value, which is Wrap Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wrap Technologies' market value can be influenced by many factors that don't directly affect Wrap Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wrap Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wrap Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wrap Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.