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

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

AmeraMex International Price Performance

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

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

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.