AMMO Inc (NASDAQ:POWW) has a beta value of 0.30 and has seen 0.62 million shares traded in the recent trading session. The company, currently valued at $165.08M, closed the recent trade at $1.39 per share which meant it lost -$0.1 on the day or -6.40% during that session. The POWW stock price is -126.62% off its 52-week high price of $3.15 and -3.6% below the 52-week low of $1.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.57 million shares traded. The 3-month trading volume is 856.13K shares.
The consensus among analysts is that AMMO Inc (POWW) is Hold stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.01.
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AMMO Inc (NASDAQ:POWW) trade information
Sporting -6.40% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the POWW stock price touched $1.39 or saw a rise of 16.01%. Year-to-date, AMMO Inc shares have moved -33.81%, while the 5-day performance has seen it change -12.03%. Over the past 30 days, the shares of AMMO Inc (NASDAQ:POWW) have changed -27.23%. Short interest in the company has seen 2.63 million shares shorted with days to cover at 3.07.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 53.67% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $3.0. In that case, then, we find that the latest price level in today’s session is -115.83% off the targeted high while a plunge would see the stock gain -115.83% from the levels at last check today.
AMMO Inc (POWW) estimates and forecasts
Figures show that AMMO Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -47.94% over the past 6 months, with this year growth rate of 88.89%, compared to -7.60% for the industry. Revenue growth from the last financial year stood is estimated to be 0.70%.
2 analysts offering their estimates for the company have set an average revenue estimate of 34.35M for the current quarter. 2 have an estimated revenue figure of 39.15M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.63% over the past 5 years.
AMMO Inc (NASDAQ:POWW)’s Major holders
Insiders own 26.43% of the company shares, while shares held by institutions stand at 28.68% with a share float percentage of 38.98%. Investors are also buoyed by the number of investors in a company, with AMMO Inc having a total of 170.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 6.07 million shares worth more than $16.68 million. As of 2024-03-31, BLACKROCK INC. held 5.1334% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 4.92 million shares as of 2024-03-31. The firm’s total holdings are worth over $13.53 million and represent 4.1638% of shares outstanding.
