American Outdoor Brands, Inc. (NASDAQ:AOUT – Get Free Report) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 81,000 shares, a growth of 9.3% from the June 30th total of 74,100 shares. Based on an average daily volume of 28,300 shares, the short-interest ratio is currently 2.9 days. Currently, 0.7% of the shares of the company are short sold.
American Outdoor Brands Price Performance
Shares of NASDAQ:AOUT traded down $0.14 on Wednesday, reaching $9.62. The company’s stock had a trading volume of 3,954 shares, compared to its average volume of 30,699. The stock’s 50-day moving average is $8.56 and its two-hundred day moving average is $8.53. American Outdoor Brands has a 52-week low of $7.19 and a 52-week high of $10.35. The stock has a market capitalization of $124.10 million, a P/E ratio of -9.36 and a beta of 0.37.
American Outdoor Brands (NASDAQ:AOUT – Get Free Report) last issued its quarterly earnings results on Thursday, June 27th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.09). American Outdoor Brands had a positive return on equity of 0.41% and a negative net margin of 6.09%. The company had revenue of $46.30 million for the quarter, compared to analyst estimates of $43.20 million. During the same period in the prior year, the business earned ($0.03) earnings per share. Equities analysts forecast that American Outdoor Brands will post 0.24 earnings per share for the current fiscal year.
Institutional Investors Weigh In On American Outdoor Brands
American Outdoor Brands Company Profile
American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.
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