AMMO, Inc. (NASDAQ:POWWP – Get Free Report) shares traded down 0.9% during trading on Thursday. The stock traded as low as $23.56 and last traded at $23.5950. 2,668 shares changed hands during trading, a decline of 29% from the average daily volume of 3,760 shares. The stock had previously closed at $23.81.
AMMO Stock Up 2.1%
The company’s 50 day moving average price is $24.12 and its 200 day moving average price is $24.33.
AMMO Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a $0.5469 dividend. This represents a $2.19 annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend was Tuesday, September 1st.
About AMMO
AMMO, Inc (NASDAQ: POWWP) is an American manufacturer of ammunition and ammunition-related products. The company develops and produces small-caliber ammunition for commercial, law enforcement, military and government customers, serving the growing market for firearms, personal protection, training and shooting sports.
Its product portfolio includes handgun and rifle ammunition, specialty and training rounds, and ammunition components. AMMO has marketed products under several brands and has emphasized the development of technologically differentiated ammunition for sporting, defensive and professional applications.
The company serves customers primarily in the United States through distributors, retailers and other commercial channels.
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