AMMO (NASDAQ:POWWP) Trading 1.5% Higher – Time to Buy?

AMMO, Inc. (NASDAQ:POWWPGet Free Report)’s stock price traded up 1.5% on Thursday . The company traded as high as $19.64 and last traded at $19.92. 3,281 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 4,128 shares. The stock had previously closed at $19.62.

AMMO Trading Up 0.3 %

The company’s 50-day moving average is $20.44 and its 200-day moving average is $22.90.

AMMO Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 2nd were paid a dividend of $0.559 per share. The ex-dividend date was Monday, December 2nd. This represents a $2.24 annualized dividend and a dividend yield of 11.45%.

About AMMO

(Get Free Report)

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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