Ammo Inc Preferred

NASDAQ POWWP

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Ammo Inc Preferred Price to Book Ratio (P/B) on June 03, 2024: 0.89

Ammo Inc Preferred Price to Book Ratio (P/B) is 0.89 on June 03, 2024, a 48.15% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Ammo Inc Preferred 52-week high Price to Book Ratio (P/B) is 0.98 on November 03, 2023, which is 10.63% above the current Price to Book Ratio (P/B).
Ammo Inc Preferred 52-week low Price to Book Ratio (P/B) is 0.60 on June 05, 2023, which is -32.50% below the current Price to Book Ratio (P/B).
Ammo Inc Preferred average Price to Book Ratio (P/B) for the last 52 weeks is 0.74.

NASDAQ: POWWP

Ammo Inc Preferred

CEO	-
IPO Date	May 21, 2021
Location	United States
Headquarters	7681 East Gray Road, Scottsdale, AZ, United States, 85260
Employees	342
Sector	Industrials
Industry	Aerospace & defense

Description

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. It also owns and operates GunBroker.com, an auction site that supports the lawful sale of firearms, ammunition, and hunting/shooting accessories. In addition, the company's products comprises of armor piercing and hard armor piercing incendiary precision ammunition; and ammunition casings for pistol ammunition through large rifle ammunition. The company has a license agreement with Jeff Rann's ammunition for game hunting. AMMO, Inc. was founded in 2016 and is based in Scottsdale, Arizona.

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