AMMO (NASDAQ:POWWP – Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Wednesday, June 11th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $41.28 million for the quarter.
AMMO Stock Down 3.9%
NASDAQ:POWWP opened at $22.00 on Tuesday. AMMO has a 52 week low of $18.20 and a 52 week high of $27.20. The company has a 50-day moving average of $22.38 and a 200-day moving average of $21.49.
AMMO Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Sunday, June 1st will be issued a dividend of $0.5469 per share. This represents a $2.19 dividend on an annualized basis and a yield of 9.94%. The ex-dividend date of this dividend is Friday, May 30th.
About AMMO
AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals desiring 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; Stelth Subsonic Ammunition primarily for suppressed firearms; and Jagemann Munition Components offers ammunition casings for pistol and rifle ammunition.
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