Ameri Holdings Inc (NASDAQ:AMRH) shares were down 3.4% during trading on Thursday . The stock traded as low as $0.29 and last traded at $0.28. Approximately 2,642 shares traded hands during trading, a decline of 100% from the average daily volume of 3,616,705 shares. The stock had previously closed at $0.29.

Separately, Zacks Investment Research cut Ameri from a “buy” rating to a “hold” rating in a research note on Monday, September 17th.

The stock has a market capitalization of $6.75 million, a PE ratio of -0.37 and a beta of 1.46. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.12.

Ameri (NASDAQ:AMRH) last released its quarterly earnings data on Tuesday, August 14th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. The business had revenue of $11.08 million during the quarter, compared to analysts’ expectations of $12.88 million. Ameri had a negative return on equity of 45.71% and a negative net margin of 17.15%. Research analysts predict that Ameri Holdings Inc will post -0.26 EPS for the current year.

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Ameri Company Profile (NASDAQ:AMRH)

AMERI Holdings, Inc, through its subsidiaries, provides SAP cloud and digital enterprise services worldwide. The company offers cloud services, including public, private, and hybrid SAP cloud services, as well as SAP HANA cloud migration and cloud automation solutions. It also provides digital services, such as Simple Advance Planning and Optimization mobile solution, a mobile application that offers sales professionals with real-time collaboration capabilities and customer data on their mobile devices; SAP IBP mobile app, which enables the real-time management and analysis of sales and operations planning related data from mobile devices; and robotic process automation that leverages the capability of artificially intelligent software agents for business process automation, as well as for reporting and analysis, and deliver insights into business functions by translating large data into structured reports.

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