AMMO Inc. (NASDAQ: POWW) is -61.28% lower on its value in year-to-date trading and has touched a low of $2.05 and a high of $6.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The POWW stock was last observed hovering at around $2.12 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.11, the stock is -26.33% and -30.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -0.47% at the moment leaves the stock -48.18% off its SMA200. POWW registered -65.80% loss for a year compared to 6-month loss of -49.40%.
The stock witnessed a -34.06% gain in the last 1 month and extending the period to 3 months gives it a -49.16%, and is -4.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.54% over the week and 5.89% over the month.
AMMO Inc. (POWW) has around 359 employees, a market worth around $252.33M and $256.50M in sales. Current P/E ratio is 10.34 and Fwd P/E is 10.05. Profit margin for the company is 11.90%. Distance from 52-week low is 3.18% and -66.67% from its 52-week high. The company has generated returns on investments over the last 12 months (9.00%).
AMMO Inc. (POWW) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for AMMO Inc. (POWW) is a “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.30, where 1 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
AMMO Inc. is expected to release its quarterly report on 02/14/2023.The EPS is expected to grow by 288.70% this year
AMMO Inc. (POWW) Top Institutional Holders
The shares outstanding are 116.56M, and float is at 87.87M with Short Float at 9.54%.
AMMO Inc. (POWW) Insider Activity
A total of 18 insider transactions have happened at AMMO Inc. (POWW) in the last six months, with sales accounting for 2 and purchases happening 16 times. The most recent transaction is an insider sale by Markley Harry S, the company’s Director. SEC filings show that Markley Harry S sold 5,000 shares of the company’s common stock on Sep 01 at a price of $3.63 per share for a total of $18150.0. Following the sale, the insider now owns 0.14 million shares.
AMMO Inc. disclosed in a document filed with the SEC on Aug 19 that Markley Harry S (Director) sold a total of 25,000 shares of the company’s common stock. The trade occurred on Aug 19 and was made at $4.37 per share for $0.11 million. Following the transaction, the insider now directly holds 0.14 million shares of the POWW stock.