AMMO (NASDAQ:POWWP – Get Free Report) is projected to issue its quarterly earnings data before the market opens on Wednesday, June 11th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $41.28 million for the quarter.
AMMO Trading Down 3.9%
NASDAQ:POWWP opened at $22.00 on Tuesday. AMMO has a 52 week low of $18.20 and a 52 week high of $27.20. The firm has a 50-day moving average price of $22.38 and a two-hundred day moving average price of $21.49.
AMMO Cuts Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Sunday, June 1st will be paid a $0.5469 dividend. The ex-dividend date is Friday, May 30th. This represents a $2.19 dividend on an annualized basis and a yield of 9.94%.
About AMMO
AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring home or personal protection, manufacturers, and law enforcement and military agencies. The company’s products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.
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