AmeraMex International (OTCMKTS:AMMX) Releases Quarterly Earnings Results

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

AmeraMex International Price Performance

AmeraMex International stock traded down $0.01 during mid-day trading on Thursday, hitting $0.16. 41,550 shares of the company were exchanged, compared to its average volume of 2,972. The business has a fifty day moving average of $0.17 and a 200 day moving average of $0.16. The company has a market capitalization of $2.46 million, a PE ratio of 2.03 and a beta of 0.30. AmeraMex International has a 1-year low of $0.08 and a 1-year high of $0.19. The company has a quick ratio of 0.37, a current ratio of 1.50 and a debt-to-equity ratio of 2.54.

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.