AmeraMex International (OTCMKTS:AMMX) Announces Earnings Results

AmeraMex International (OTCMKTS:AMMX) announced its quarterly earnings data on Tuesday. The company reported $0.04 EPS for the quarter, Zacks reports. AmeraMex International had a negative return on equity of 4.94% and a negative net margin of 0.81%.The business had revenue of $4.19 million during the quarter.

AmeraMex International Price Performance

Shares of OTCMKTS AMMX traded up $0.02 during trading on Wednesday, hitting $0.18. 600 shares of the company were exchanged, compared to its average volume of 38,985. AmeraMex International has a 1 year low of $0.08 and a 1 year high of $0.20. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.22 and a quick ratio of 0.20. The company has a market cap of $2.65 million, a price-to-earnings ratio of -8.76 and a beta of 0.26. The firm’s fifty day moving average price is $0.15 and its 200 day moving average price is $0.13.

AmeraMex International Company Profile

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. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.