AMMO (NASDAQ:POWWP – Get Free Report) will likely be posting its results before the market opens on Monday, August 10th. Analysts expect the company to announce earnings of ($0.0050) per share and revenue of $13.02 million for the quarter.
AMMO Stock Up 0.1%
POWWP opened at $24.38 on Monday. AMMO has a fifty-two week low of $22.90 and a fifty-two week high of $25.50. The company has a fifty day moving average of $24.15 and a two-hundred day moving average of $24.36.
AMMO Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.5469 per share. This represents a $2.19 annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend was Monday, June 1st.
About AMMO
AMMO, Inc is a holding company organized in 2019 as a spin-off from Vista Outdoor and trades on the NASDAQ under the ticker POWWP. Through its subsidiaries, the company specializes in the design, manufacturing and marketing of ammunition and propellant powders for commercial, law enforcement and military customers. AMMO, Inc’s primary operating unit, Black Hills Ammunition, offers a range of premium cartridges in common and specialty calibers, while Bridgeport Powder manufactures a portfolio of smokeless propellants.
The company’s products cater to sport shooters, hunters, competitive marksmen and professional users.
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