AMMO Inc. [NASDAQ: POWW] closed the trading session at $8.33 on 07/07/21. The day’s price range saw the stock hit a low of $8.18, while the highest price level was $8.67. The company report on July 2, 2021 that AMMO, Inc. Releases Transcript of June 29th Fiscal 2021 Earnings Call and Follow-Up Q&A.
AMMO, Inc. (Nasdaq: POWW) (“AMMO” or the “Company”), a premier American ammunition and munition components manufacturer and technology leader, is pleased to provide a link to the transcript and summary excerpts of the Q&A session from the Company’s Fiscal 2021 Earnings call held on June 29, 2021.
The stocks have a year to date performance of 152.42 percent and weekly performance of -5.23 percent. The stock has been moved at 133.33 percent over the last six months. The stock has performed 23.41 percent around the most recent 30 days and changed 15.86 percent over the most recent 3-months.
If compared to the average trading volume of 2.75M shares, POWW reached to a volume of 2115990 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about AMMO Inc. [POWW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for POWW shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on POWW stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Lake Street have made an estimate for AMMO Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 22, 2021. While these analysts kept the previous recommendation, ROTH Capital raised their target price to Buy. The new note on the price target was released on April 08, 2021, representing the official price target for AMMO Inc. stock.
The Average True Range (ATR) for AMMO Inc. is set at 0.62, with the Price to Sales ratio for POWW stock in the period of the last 12 months amounting to 23.52. The Price to Book ratio for the last quarter was 10.54, with the Price to Cash per share for the same quarter was set at 0.16.
POWW stock trade performance evaluation
AMMO Inc. [POWW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.23. With this latest performance, POWW shares gained by 23.41% in over the last four-week period, additionally plugging by 133.33% over the last 6 months – not to mention a rise of 257.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for POWW stock in for the last two-week period is set at 53.16, with the RSI for the last a single of trading hit 48.54, and the three-weeks RSI is set at 54.87 for AMMO Inc. [POWW]. The present Moving Average for the last 50 days of trading for this stock 7.29, while it was recorded at 9.07 for the last single week of trading, and 5.33 for the last 200 days.
AMMO Inc. [POWW]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and AMMO Inc. [POWW] shares currently have an operating margin of -7.20 and a Gross Margin at +15.57. AMMO Inc.’s Net Margin is presently recorded at -12.50.
Return on Total Capital for POWW is now -4.40, given the latest momentum, and Return on Invested Capital for the company is -8.02. Return on Equity for this stock declined to -8.70, with Return on Assets sitting at -7.01. When it comes to the capital structure of this company, AMMO Inc. [POWW] has a Total Debt to Total Equity ratio set at 6.62. Additionally, POWW Total Debt to Total Capital is recorded at 6.20, with Total Debt to Total Assets ending up at 5.87. Long-Term Debt to Equity for the company is recorded at 3.96, with the Long-Term Debt to Total Capital now at 3.71.
Reflecting on the efficiency of the workforce at the company, AMMO Inc. [POWW] managed to generate an average of -$28,934 per employee. Receivables Turnover for the company is 10.39 with a Total Asset Turnover recorded at a value of 0.56.AMMO Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.60.
AMMO Inc. [POWW]: Insider Ownership positions
There are presently around $195 million, or 21.00% of POWW stock, in the hands of institutional investors. The top three institutional holders of POWW stocks are: HOOD RIVER CAPITAL MANAGEMENT LLC with ownership of 5,408,259, which is approximately New of the company’s market cap and around 7.50% of the total institutional ownership; TEALWOOD ASSET MANAGEMENT INC, holding 3,760,000 shares of the stock with an approximate value of $31.32 million in POWW stocks shares; and ZEKE CAPITAL ADVISORS, LLC, currently with $27.74 million in POWW stock with ownership of nearly New of the company’s market capitalization.
Positions in AMMO Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 72 institutional holders increased their position in AMMO Inc. [NASDAQ:POWW] by around 22,113,599 shares. Additionally, 18 investors decreased positions by around 474,487 shares, while 2 investors held positions by with 776,609 shares. The mentioned changes placed institutional holdings at 23,364,695 shares, according to the latest SEC report filing. POWW stock had 56 new institutional investments in for a total of 20,394,224 shares, while 8 institutional investors sold positions of 211,976 shares during the same period.