AMMO (NASDAQ:POWWP) Stock Price Down 1.6% – Here’s Why

AMMO, Inc. (NASDAQ:POWWPGet Free Report)’s stock price traded down 1.6% during mid-day trading on Wednesday . The stock traded as low as $23.00 and last traded at $23.61. 1,184 shares changed hands during trading, a decline of 74% from the average session volume of 4,575 shares. The stock had previously closed at $23.98.

AMMO Stock Performance

The company has a 50-day moving average of $22.94 and a 200-day moving average of $22.32.

AMMO Company Profile

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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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