AmeraMex International (OTCMKTS:AMMX) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Shares of AmeraMex International Inc. (OTCMKTS:AMMX) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.16 and traded as low as $0.1375. AmeraMex International shares last traded at $0.1499, with a volume of 3,650 shares trading hands.

AmeraMex International Stock Performance

The company has a current ratio of 1.50, a quick ratio of 0.37 and a debt-to-equity ratio of 2.54. The firm has a market capitalization of $2.27 million, a P/E ratio of 1.87 and a beta of 0.32. The business’s 50 day simple moving average is $0.16 and its two-hundred day simple moving average is $0.16.

AmeraMex International (OTCMKTS:AMMX) last issued its earnings results on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. AmeraMex International had a net margin of 9.75% and a return on equity of 43.46%.

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. 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.