AmeraMex International (OTCMKTS:AMMX) Releases Quarterly Earnings Results

AmeraMex International (OTCMKTS:AMMX) issued its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share (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 Trading Up 15.6%

AmeraMex International stock traded up $0.02 during mid-day trading on Wednesday, hitting $0.18. 600 shares of the stock were exchanged, compared to its average volume of 38,985. The stock has a market capitalization of $2.65 million, a price-to-earnings ratio of -8.76 and a beta of 0.26. The company has a quick ratio of 0.20, a current ratio of 1.22 and a debt-to-equity ratio of 1.49. AmeraMex International has a 12 month low of $0.08 and a 12 month high of $0.20. The firm’s fifty day simple moving average is $0.15 and its two-hundred day simple moving average 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.