AmeraMex International (OTCMKTS:AMMX) Trading Down 3.1% – Here’s What Happened

AmeraMex International, Inc. (OTCMKTS:AMMX)’s share price traded down 3.1% during mid-day trading on Monday . The stock traded as low as $0.22 and last traded at $0.36. 78,163 shares were traded during mid-day trading, an increase of 149% from the average session volume of 31,425 shares. The stock had previously closed at $0.38.

AmeraMex International Price Performance

The business has a 50 day moving average of $0.35 and a 200 day moving average of $0.20. The company has a market cap of $5.29 million, a PE ratio of -37.46 and a beta of 0.38. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.30 and a quick ratio of 0.21.

AmeraMex International (OTCMKTS:AMMX) last announced its quarterly earnings data on Friday, August 16th. The company reported $0.07 EPS for the quarter. The business had revenue of $3.78 million during the quarter. AmeraMex International had a negative return on equity of 4.04% and a negative net margin of 1.09%.

About AmeraMex International

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.