Wall Street predicts AMMO Inc (POWW) stock to surge by 17.65%

AMMO Inc [POWW] stock is trading at $2.55, up 3.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The POWW shares have lost -0.39% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

AMMO Inc [NASDAQ: POWW] stock has seen the most recent analyst activity on November 15, 2022, when ROTH Capital downgraded its rating to a Neutral and also revised its price target to $3 from $6. Previously, Lake Street started tracking the stock with Buy rating on April 22, 2021, and set its price target to $9. On April 08, 2021, ROTH Capital initiated with a Buy rating and assigned a price target of $9 on the stock.

AMMO Inc [POWW] stock has fluctuated between $1.60 and $3.15 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. AMMO Inc [NASDAQ: POWW] shares were valued at $2.55 at the most recent close of the market. An investor can expect a potential return of 17.65% based on the average POWW price forecast.

Analyzing the POWW fundamentals

AMMO Inc [NASDAQ:POWW] reported sales of 148.32M for the trailing twelve months, which represents a drop of -6.99%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.04 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.45 points at the first support level, and at 2.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.61, and for the 2nd resistance point, it is at 2.67.

Ratios To Look Out For

For context, AMMO Inc’s Current Ratio is 4.85. Further, the Quick Ratio stands at 2.99, while the Cash Ratio is 1.79. Considering the valuation of this stock, the price to sales ratio is 2.04, the price to book ratio is 0.84.

Transactions by insiders

Recent insider trading involved WAGENHALS FRED W, EXECUTIVE CHAIR, that happened on Mar 04 ’24 when 0.22 million shares were sold. EXECUTIVE CHAIR, WAGENHALS FRED W completed a deal on Mar 01 ’24 to sell 30590.0 shares. Meanwhile, EXECUTIVE CHAIR WAGENHALS FRED W sold 5699.0 shares on Feb 29 ’24.

Related Posts