AMMO (NASDAQ:POWW - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a report issued on Saturday.
AMMO Price Performance
POWW traded down $0.13 during midday trading on Friday, hitting $1.56. The company had a trading volume of 1,063,013 shares, compared to its average volume of 775,092. AMMO has a twelve month low of $0.95 and a twelve month high of $2.86. The firm's 50-day simple moving average is $1.65 and its 200-day simple moving average is $1.48. 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 $184.65 million, a PE ratio of -7.40 and a beta of 1.31.
Institutional Investors Weigh In On AMMO
Institutional investors have recently modified their holdings of the business. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in AMMO during the 1st quarter worth approximately $28,000. AQR Capital Management LLC bought a new stake in shares of AMMO in the first quarter worth $29,000. ProShare Advisors LLC lifted its position in shares of AMMO by 49.0% in the fourth quarter. ProShare Advisors LLC now owns 25,262 shares of the company's stock worth $28,000 after purchasing an additional 8,312 shares in the last quarter. Prudential Financial Inc. acquired a new position in AMMO during the fourth quarter worth $41,000. Finally, Intech Investment Management LLC increased its holdings in AMMO by 175.6% during the fourth quarter. Intech Investment Management LLC now owns 42,033 shares of the company's stock worth $46,000 after buying an additional 26,783 shares during the last quarter. Institutional investors and hedge funds own 26.40% of the company's stock.
About AMMO
(
Get Free Report)
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.
Further Reading
Before you consider Outdoor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Outdoor wasn't on the list.
While Outdoor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
