Renaissance Technologies LLC Has $782,000 Stock Holdings in AMMO, Inc. (NASDAQ:POWW)

Renaissance Technologies LLC raised its position in AMMO, Inc. (NASDAQ:POWW) by 4.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 710,700 shares of the company’s stock after acquiring an additional 32,700 shares during the period. Renaissance Technologies LLC owned about 0.60% of AMMO worth $782,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in shares of AMMO by 38.2% during the fourth quarter. Wells Fargo & Company MN now owns 63,169 shares of the company’s stock valued at $69,000 after purchasing an additional 17,467 shares during the period. JB Capital Partners LP bought a new stake in AMMO in the 4th quarter valued at $605,000. Geode Capital Management LLC raised its stake in shares of AMMO by 1.0% in the 4th quarter. Geode Capital Management LLC now owns 2,088,262 shares of the company’s stock valued at $2,297,000 after buying an additional 20,902 shares in the last quarter. Prudential Financial Inc. bought a new position in shares of AMMO during the 4th quarter worth about $41,000. Finally, Sei Investments Co. acquired a new stake in shares of AMMO during the 4th quarter valued at about $69,000. Institutional investors and hedge funds own 26.40% of the company’s stock.

AMMO Stock Performance

NASDAQ:POWW opened at $1.96 on Friday. The firm has a market capitalization of $232.76 million, a PE ratio of -9.33 and a beta of 1.13. The company has a quick ratio of 1.87, a current ratio of 3.17 and a debt-to-equity ratio of 0.03. AMMO, Inc. has a 12-month low of $0.95 and a 12-month high of $2.86. The firm has a 50-day moving average price of $1.49 and a 200 day moving average price of $1.39.

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.