American Outdoor Brands Corpora (NASDAQ:AOBC) is at $15.14 seeing a daily low of $14.77 and a high of $16.12. This difference between the high and low classifies the stock as one of the most volatile of the day.
It is currently trading at $15.14 significantly lower than $17.43, the 50 day moving average and well below the 200 day moving average of $20.51. The 50 day moving average went down by -13.15% whereas the 200 day moving average was down $-5.37 or -26.17%.
Investors are feeling more bullish on the company lately at least if you consider the change in short interest. The company experienced a fall in short interest between August 15, 2017 and August 31, 2017 of -13.24%. Short interest decreased from 7,449,420 to 6,463,192 over that period. With short interest at 6,463,192 and short average daily volume at 1,185,356, the short-interest ratio is 5.0 and the short interest percentage is 0.12% as of August 31.
Recent Analyst Ratings
Aegis Capital released its first research report on the stock with an initial rating of “Buy”.
Earnings Per Share
The P/E ratio is currently 9.39 and the market cap is 817.58M. As of the last earnings report the EPS was $1.61 and is estimated to be $1.15 for the current year with 54,001,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.45 with next year’s EPS projected to be $1.71.
American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. The Firearms segment manufactures handgun and long gun products sold under the Smith & Wesson, M&P and Thompson/Center Arms brands, as well as providing forging, machining and precision plastic injection molding services. The Outdoor Products & Accessories segment provides shooting, hunting and outdoor accessories, including reloading, gunsmithing, gun cleaning supplies, tree saws, vault accessories, knives, laser sighting systems and tactical lighting products. Brands in Outdoor Products & Accessories include Crimson Trace, Caldwell Shooting Supplies, Wheeler Engineering, Lockdown Vault Accessories, BOG POD and Golden Rod Moisture Control, as well as knives and specialty tools under Schrade, Old Timer, Uncle Henry and Imperial..