AMMO (NASDAQ:POWWP – Get Free Report) is expected to issue its results before the market opens on Monday, August 10th. Analysts expect the company to post earnings of ($0.0050) per share and revenue of $13.02 million for the quarter.
AMMO Trading Up 0.1%
Shares of NASDAQ:POWWP opened at $24.38 on Monday. AMMO has a 1 year low of $22.90 and a 1 year high of $25.50. The business’s 50 day moving average price is $24.15 and its 200-day moving average price is $24.36.
AMMO Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.5469 dividend. This represents a $2.19 annualized dividend and a 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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