AmeraMex International (OTCMKTS:AMMX) Shares Down 4.3% – Here’s What Happened

Shares of AmeraMex International, Inc. (OTCMKTS:AMMX) dropped 4.3% during trading on Tuesday . The company traded as low as $0.20 and last traded at $0.20. Approximately 200 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 18,185 shares. The stock had previously closed at $0.21.

AmeraMex International Trading Down 4.3 %

The company has a quick ratio of 0.13, a current ratio of 1.01 and a debt-to-equity ratio of 1.50. The firm’s fifty day moving average is $0.21 and its two-hundred day moving average is $0.28. The firm has a market cap of $2.82 million, a P/E ratio of -2.50 and a beta of 0.32.

AmeraMex International (OTCMKTS:AMMX) last announced its earnings results on Monday, November 25th. The company reported ($0.07) earnings per share for the quarter. AmeraMex International had a negative net margin of 7.64% and a negative return on equity of 32.61%.

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.