AmeraMex International (OTCMKTS:AMMX) Trading Down 5%

AmeraMex International, Inc. (OTCMKTS:AMMXGet Free Report) dropped 5% during mid-day trading on Friday . The company traded as low as $0.35 and last traded at $0.36. Approximately 590 shares were traded during trading, a decline of 98% from the average daily volume of 33,118 shares. The stock had previously closed at $0.37.

AmeraMex International Stock Performance

The stock has a fifty day moving average of $0.27 and a 200-day moving average of $0.18. The company has a current ratio of 1.30, a quick ratio of 0.21 and a debt-to-equity ratio of 1.14.

AmeraMex International (OTCMKTS:AMMXGet Free Report) last announced its earnings results on Friday, August 16th. The company reported $0.07 earnings per share for the quarter. AmeraMex International had a negative return on equity of 4.04% and a negative net margin of 1.09%. The company had revenue of $3.78 million for the quarter.

AmeraMex International Company Profile

(Get Free Report)

AmeraMex International, Inc sells, leases, and rents new and refurbished heavy equipment primarily in the United States. Its products are used in light and infrastructure construction, shipping logistics, logging, mining, transportation, commercial farming, and forestry industries. The company also sells parts; and provides repair and maintenance services.

Further Reading

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