In the last trading session, 2,183,066 shares of the AMMO, Inc.(NASDAQ:POWW) were traded, and its beta was -0.28. Most recently the company’s share price was $7.7, and it changed around $0.04 or 0.01% from the last close, which brings the market valuation of the company to $528.8 Million. POWW currently trades at a discount to its 52-week high of $9.95, offering almost -29.22% off that amount. The share price’s 52-week low was $1, which indicates that the current value has risen by an impressive 87.01% since then. We note from AMMO, Inc.’s average daily trading volume that its 10-day average is 3.02 Million shares, with the 3-month average coming to 3.27 Million.
AMMO, Inc. stock received a consensus recommendation rating of Hold, based on a mean score of 3. If we narrow it down even further, the data shows that none out of 1 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 1 recommended POWW as a Hold, whereas none deemed it a Buy, and no one rated it as Underweight. AMMO, Inc. is expected to report earnings per share of -$0.02 for the current quarter.
AMMO, Inc. (NASDAQ:POWW): Trading Information
Instantly POWW has showed a green trend with a performance of 0.52% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $9.95- on Tuesday, Feb 16 increased the stock’s daily price by 22.61%. The company’s shares are currently up 1.33% year-to-date, but still down -0.1988 over the last five days. On the other hand, AMMO, Inc. (NASDAQ:POWW) is 0.09% up in the 30-day period. We can see from the shorts that 259.37 Million shares have been sold at a short interest cover period of 79.32 day(s).
AMMO, Inc. (POWW) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -55.9%. AMMO, Inc. earnings are expected to increase by 8.4% in 2021, but the outlook is negative 0% per year for the next five years.
AMMO, Inc. (NASDAQ:POWW)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 22.43% of AMMO, Inc. shares, and 0.01% of them are in the hands of institutional investors. The stock currently has a share float of 0.01%. AMMO, Inc. stock is held by 1 institutions, with Parsons Capital Management, Inc. being the largest institutional investor. By Dec 30, 2020, it held 0.9% of the shares, which is about 453.8 Thousand shares worth $1.5 Million.
Pinnacle Associates, Ltd., with 0.2% or 100Thousand shares worth $330Thousand as of Dec 30, 2020, holds the second largest percentage of outstanding shares.