AMMO Inc (NASDAQ: POWW) on Monday, plunged -4.03% from the previous trading day, before settling in for the closing price of $1.24. Within the past 52 weeks, POWW’s price has moved between $1.08 and $2.94.
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A company in the Industrials sector has jumped its sales by 157.29% annually for the last half of the decade. The company achieved an average annual earnings per share of 0.00%. With a float of $86.87 million, this company’s outstanding shares have now reached $118.76 million.
In an organization with 374 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 22.26%, operating margin of -18.79%, and the pretax margin is -19.6%.
AMMO Inc (POWW) Insider and Institutional Ownership
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of AMMO Inc is 26.85%, while institutional ownership is 27.71%. 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) Latest Financial update
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.03) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.00% per share during the next fiscal year.
AMMO Inc (NASDAQ: POWW) Trading Performance Indicators
AMMO Inc (POWW) is currently performing well based on its current performance indicators. A quick ratio of 1.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01. Likewise, its price to free cash flow for the trailing twelve months is 13.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.17 in one year’s time.
Technical Analysis of AMMO Inc (POWW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.74 million. That was better than the volume of 0.64 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.63%. Additionally, its Average True Range was 0.08.
During the past 100 days, AMMO Inc’s (POWW) raw stochastic average was set at 11.34%, which indicates a significant increase from 5.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.90% in the past 14 days, which was higher than the 62.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2682, while its 200-day Moving Average is $1.8978. However, in the short run, AMMO Inc’s stock first resistance to watch stands at $1.2467. Second resistance stands at $1.3033. The third major resistance level sits at $1.3367. If the price goes on to break the first support level at $1.1567, it is likely to go to the next support level at $1.1233. The third support level lies at $1.0667 if the price breaches the second support level.
AMMO Inc (NASDAQ: POWW) Key Stats
Market capitalization of the company is 143.64 million based on 118,757K outstanding shares. Right now, sales total 145,050 K and income totals -15,570 K. The company made 30,950 K in profit during its latest quarter, and -7,060 K in sales during its previous quarter.