AMMO Settles SEC Investigation, Enhances Governance
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AMMO (POWW) has settled an SEC investigation without a civil penalty, agreeing to cease future violations of federal securities laws. The company has replaced senior management, enhanced internal controls, and improved governance. AMMO focuses on its core e-commerce business, GunBroker.com. The latest analyst rating is a Hold with a $1.50 price target. Spark's AI Analyst rates POWW as Neutral due to financial struggles and negative valuation metrics. AMMO operates GunBroker.com, the largest online marketplace for firearms and related products.
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