Market Highlights: AMMO Inc (POWW) Ends on a High Note at 1.17

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The price of AMMO Inc (NASDAQ: POWW) closed at $1.17 in the last session, up 6.36% from day before closing price of $1.10. In other words, the price has increased by $6.36 from its previous closing price. On the day, 1.5 million shares were traded. POWW stock price reached its highest trading level at $1.24 during the session, while it also had its lowest trading level at $1.1225.

Ratios:

We take a closer look at POWW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.68. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH Capital on November 15, 2022, Downgraded its rating to Neutral and sets its target price to $3 from $6 previously.

On April 22, 2021, Lake Street started tracking the stock assigning a Buy rating and target price of $9.

On April 08, 2021, ROTH Capital started tracking the stock assigning a Buy rating and target price of $9.ROTH Capital initiated its Buy rating on April 08, 2021, with a $9 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when WAGENHALS FRED W sold 221,138 shares for $2.43 per share. The transaction valued at 537,365 led to the insider holds 7,066,700 shares of the business.

WAGENHALS FRED W sold 30,590 shares of POWW for $73,416 on Mar 01 ’24. The EXECUTIVE CHAIR now owns 7,287,838 shares after completing the transaction at $2.40 per share. On Feb 29 ’24, another insider, WAGENHALS FRED W, who serves as the EXECUTIVE CHAIR of the company, sold 5,699 shares for $2.40 each. As a result, the insider received 13,678 and left with 7,318,428 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, POWW now has a Market Capitalization of 138945680 and an Enterprise Value of 102775128. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.758 whereas that against EBITDA is 16.311.

Stock Price History:

Over the past 52 weeks, POWW has reached a high of $2.94, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is 1.08%, while the 200-Day Moving Average is calculated to be -33.56%.

Shares Statistics:

According to the various share statistics, POWW traded on average about 733.46K shares per day over the past 3-months and 907480 shares per day over the past 10 days. A total of 118.76M shares are outstanding, with a floating share count of 86.87M. Insiders hold about 26.85% of the company’s shares, while institutions hold 27.75% stake in the company. Shares short for POWW as of 1734048000 were 3212797 with a Short Ratio of 4.38, compared to 1731628800 on 2790611. Therefore, it implies a Short% of Shares Outstanding of 3212797 and a Short% of Float of 3.65.

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