AMMO Inc (NASDAQ: POWW) is -37.14% lower on its value in year-to-date trading and has touched a low of $1.33 and a high of $3.15 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 $1.36 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $1.32, the stock is -9.99% and -14.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing -2.94% at the moment leaves the stock -37.06% off its SMA200. POWW registered -34.00% loss for a year compared to 6-month loss of -50.93%. The firm has a 50-day simple moving average (SMA 50) of $1.5344 and a 200-day simple moving average (SMA200) of $2.09405.
The stock witnessed a -7.69% gain in the last 1 month and extending the period to 3 months gives it a -14.84%, and is -8.97% 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 5.16% over the week and 5.17% over the month.
AMMO Inc (POWW) has around 374 employees, a market worth around $156.76M and $141.75M in sales. Fwd P/E is 16.50. Profit margin for the company is -17.39%. Distance from 52-week low is -0.38% and -58.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.85%).
The EPS is expected to shrink by -100.00% this year
168.0 institutions hold shares in AMMO Inc (POWW), with institutional investors hold 39.08% of the company’s shares. The shares outstanding are 119.18M, and float is at 87.11M with Short Float at 3.27%. Institutions hold 28.64% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.16 million shares valued at $10.35 million. The investor’s holdings represent 5.2075 of the POWW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.12 million shares valued at $8.61 million to account for 4.3327 of the shares outstanding. The other top investors are TEALWOOD ASSET MANAGEMENT INC which holds 3.41 million shares representing 2.8837 and valued at over $5.73 million, while GEODE CAPITAL MANAGEMENT, LLC holds 1.7933 of the shares totaling 2.12 million with a market value of $3.56 million.
AMMO Inc (POWW) Insider Activity
The most recent transaction is an insider sale by WAGENHALS FRED W, the company’s EXECUTIVE CHAIR. SEC filings show that WAGENHALS FRED W sold 221,138 shares of the company’s common stock on Mar 04 ’24 at a price of $2.43 per share for a total of $0.54 million. Following the sale, the insider now owns 7.07 million shares.
AMMO Inc disclosed in a document filed with the SEC on Mar 01 ’24 that WAGENHALS FRED W (EXECUTIVE CHAIR) sold a total of 30,590 shares of the company’s common stock. The trade occurred on Mar 01 ’24 and was made at $2.40 per share for $73416.0. Following the transaction, the insider now directly holds 7.29 million shares of the POWW stock.
Still, SEC filings show that on Feb 29 ’24, WAGENHALS FRED W (EXECUTIVE CHAIR) disposed off 5,699 shares at an average price of $2.40 for $13678.0. The insider now directly holds 7,318,428 shares of AMMO Inc (POWW).
