AMMO, Inc. (NASDAQ:POWWP – Get Free Report) rose 1.4% on Tuesday . The stock traded as high as $25.65 and last traded at $25.65. Approximately 405 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 1,992 shares. The stock had previously closed at $25.30.
AMMO Trading Up 1.4 %
The stock has a 50 day moving average of $25.50 and a 200-day moving average of $25.46.
AMMO Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Thursday, February 29th were paid a $0.553 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $2.21 dividend on an annualized basis and a yield of 8.62%.
About AMMO
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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