AMMO (NASDAQ:POWWP) Trading Up 0.3% – Time to Buy?

Shares of AMMO, Inc. (NASDAQ:POWWP) shot up 0.3% during mid-day trading on Wednesday . The stock traded as high as $24.20 and last traded at $24.20. 2,369 shares traded hands during trading, a decline of 38% from the average session volume of 3,835 shares. The stock had previously closed at $24.12.

AMMO Stock Performance

The stock has a 50-day moving average price of $24.16 and a 200 day moving average price of $23.60.

AMMO (NASDAQ:POWWP) last released its quarterly earnings results on Monday, February 14th. The company reported $0.02 earnings per share for the quarter. The business had revenue of $16.62 million during the quarter.

AMMO Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be given a dividend of $0.5469 per share. The ex-dividend date is Monday, December 1st. This represents a $2.19 dividend on an annualized basis and a dividend yield of 9.0%.

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.