AMMO (NASDAQ:POWW – Free Report) had its price objective lowered by Roth Mkm from $2.00 to $1.60 in a research note issued to investors on Monday morning, Benzinga reports. The brokerage currently has a neutral rating on the stock.
AMMO Price Performance
Shares of NASDAQ:POWW opened at $1.47 on Monday. The stock has a fifty day moving average of $1.77 and a 200-day moving average of $2.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.87 and a current ratio of 3.17. The company has a market capitalization of $173.98 million, a PE ratio of -8.94 and a beta of 0.25. AMMO has a one year low of $1.35 and a one year high of $3.15.
AMMO (NASDAQ:POWW – Get Free Report) last released its earnings results on Thursday, June 13th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.03). AMMO had a positive return on equity of 2.35% and a negative net margin of 15.19%. The firm had revenue of $40.42 million during the quarter, compared to analysts’ expectations of $37.60 million. As a group, equities analysts anticipate that AMMO will post 0.17 EPS for the current fiscal year.
Institutional Inflows and Outflows
AMMO Company Profile
AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking 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; and Stelth Subsonic ammunition primarily for suppressed firearms.
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