AmeraMex International (OTCMKTS:AMMX) Stock Price Down 11.8%

AmeraMex International, Inc. (OTCMKTS:AMMXGet Free Report)’s share price fell 11.8% during trading on Tuesday . The stock traded as low as $0.11 and last traded at $0.11. 2,000 shares traded hands during trading, a decline of 82% from the average session volume of 11,059 shares. The stock had previously closed at $0.12.

AmeraMex International Stock Performance

The business’s 50-day simple moving average is $0.12 and its 200 day simple moving average is $0.14. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.11 and a current ratio of 1.11.

AmeraMex International (OTCMKTS:AMMXGet Free Report) last issued its quarterly earnings results on Tuesday, May 21st. The company reported ($0.03) EPS for the quarter. AmeraMex International had a negative return on equity of 33.00% and a negative net margin of 9.68%. The business had revenue of $3.28 million during 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.

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