AMMO, Inc. (NASDAQ:POWWP – Get Free Report) shares were up 0.2% during mid-day trading on Wednesday . The stock traded as high as $25.46 and last traded at $25.46. Approximately 101 shares were traded during trading, a decline of 95% from the average daily volume of 2,076 shares. The stock had previously closed at $25.42.
AMMO Stock Up 0.2 %
The firm has a fifty day simple moving average of $26.18 and a 200 day simple moving average of $25.81.
AMMO Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were paid a $0.559 dividend. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.78%. This is a positive change from AMMO’s previous quarterly dividend of $0.55. The ex-dividend date of this dividend was Friday, May 31st.
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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