A new trading day began on Tuesday, with AMMO Inc (NASDAQ: POWW) stock price down -2.36% from the previous day of trading, before settling in for the closing price of $1.49. POWW’s price has ranged from $1.44 to $3.15 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 157.29%. Meanwhile, its annual earnings per share averaged -150.00%. With a float of $87.71 million, this company’s outstanding shares have now reached $119.18 million.
Let’s determine the extent of company efficiency that accounts for 374 employees.
AMMO Inc (POWW) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aerospace & Defense Industry. The insider ownership of AMMO Inc is 26.14%, while institutional ownership is 28.37%. The most recent insider transaction that took place on Mar 04 ’24, was worth 537,365. In this transaction EXECUTIVE CHAIR of this company sold 221,138 shares at a rate of $2.43, taking the stock ownership to the 7,066,700 shares. Before that another transaction happened on Mar 01 ’24, when Company’s EXECUTIVE CHAIR sold 30,590 for $2.40, making the entire transaction worth $73,416. This insider now owns 7,287,838 shares in total.
AMMO Inc (POWW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -150.00% per share during the next fiscal year.
AMMO Inc (NASDAQ: POWW) Trading Performance Indicators
Here are AMMO Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21. Likewise, its price to free cash flow for the trailing twelve months is 15.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.08 in one year’s time.
Technical Analysis of AMMO Inc (POWW)
Looking closely at AMMO Inc (NASDAQ: POWW), its last 5-days average volume was 0.69 million, which is a jump from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 15.09%. Additionally, its Average True Range was 0.11.
During the past 100 days, AMMO Inc’s (POWW) raw stochastic average was set at 6.29%, which indicates a significant decrease from 16.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.60% in the past 14 days, which was lower than the 72.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.8514, while its 200-day Moving Average is $2.2399. However, in the short run, AMMO Inc’s stock first resistance to watch stands at $1.5100. Second resistance stands at $1.5700. The third major resistance level sits at $1.6500. If the price goes on to break the first support level at $1.3700, it is likely to go to the next support level at $1.2900. Should the price break the second support level, the third support level stands at $1.2300.
AMMO Inc (NASDAQ: POWW) Key Stats
With a market capitalization of 172.20 million, the company has a total of 119,181K Shares Outstanding. Currently, annual sales are 145,050 K while annual income is -15,570 K. The company’s previous quarter sales were 30,950 K while its latest quarter income was -7,060 K.
