Wrap Technologies, Inc. (WRTC) OR Mack-Cali Realty Corporation (CLI)? The Answer Might Be Easier Than You Think

The price of Wrap Technologies, Inc. (NASDAQ:WRTC) went up by $0.27 now trading at $6.95. Their shares witnessed a 230.95% increase from the 52-week low price of $2.1 they recorded on 2018-08-01. Even though it is still -15.11% behind the $8 high touched on 2019-04-22. The last few days have been good for the stock, as its price has grew by 2.51% during the week. It has also performed better over the past three months, as it added around 19.83% while it has so far climbed around 39% during the course of a year. The stock of WRTC recorded 120.63% uptrend from the beginning of this year till date. The 12-month potential price target for Wrap Technologies, Inc. is set at $12.5. This target means that the stock has an upside potential to increase by 79.86% from the current trading price.

18 institutions entered new Wrap Technologies, Inc. (NASDAQ:WRTC) positions, 20 added to their existing positions in these shares, 0 lowered their positions, and 0 exited their positions entirely.

Wrap Technologies, Inc. (WRTC) trade volume has decreased by -12.01% as around 121,188 shares were sold when compared with its 50-day average volume of traded shares which is 137,732. At the moment, WRTC is witnessing a uptrend, as it is trading 3.59% above its 20-day SMA, 0.55% above its 50-day SMA, and 41.35% above its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 0% decrease witnessed over the past five years.

The first technical resistance point for Wrap Technologies, Inc. (NASDAQ:WRTC) will likely come at $7.09, marking a 1.97% premium to the current level. The second resistance point is at $7.24, about 4.01% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $6.56, the lower end of the range. WRTC’s 14-day MACD is 0.21 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 54.91, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 70.74 percent, which is high when compared to that of the 50-day’s 56.95 percent.

The shares of Mack-Cali Realty Corporation (NYSE:CLI) has increased by 3.38%, and now trading at $24.15 on the Wall Street in the intra-day deal, with their shares traded now around 415,386. This is a rise of 68,908 shares over the average 346,478 shares that were traded daily over the last three months.

CLI stock has performed well over the past 30 days, as it added 6.25% while its price climbed by 23.28% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 3.96% over the last week. The stock’s 12-month potential target price is now at $22. This means that the stock price might likely increase by -8.9% from its current trading price. 2 out of 8 Wall Street analysts which represents 25% rated the stock as a buy while the remaining 62.5% rated it as a hold, with 12.5% of analysts rating it as a sell.

Mack-Cali Realty Corporation (NYSE:CLI) has been utilizing an ROE that is roughly 17.8%, with stock analysts predicting that the company’s EPS for the next five years will go down by -4.73% per year, following the 23.9% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 6.11% above its 20-day SMA, 6.31% above its 50-day SMA, and 13.83% above its 200-day SMA. In percentage terms, the aggregate Mack-Cali Realty Corporation shares held by institutional investors is 96%. 27 institutions jumped in to acquire Mack-Cali Realty Corporation (CLI) fresh stake, 91 added to their current holdings in these shares, 84 lowered their positions, and 27 left no stake in the company.

The stock’s 9-day MACD is 0.45 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 74.78, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 22.53 percent, which is more when compared to that of the 50-day’s 22.06 percent. On the daily chart, we see that the stock could reach the first level of resistance at $24.43, sporting a 1.15% premium to the current level. The next resistance point is at $24.71, representing nearly 2.27% premium to the current market price of Mack-Cali Realty Corporation (CLI). On the other hand, failure to breach the immediate hurdles can drag it down to $23.03, the lower end of the range.