AmeraMex International (OTCMKTS:AMMX) Announces Quarterly Earnings Results

AmeraMex International (OTCMKTS:AMMX) issued its quarterly earnings data on Tuesday. The company reported $0.01 EPS for the quarter, Zacks reports. AmeraMex International had a negative return on equity of 57.15% and a negative net margin of 10.14%.

AmeraMex International Stock Up 14.8%

Shares of AMMX traded up $0.02 during trading hours on Tuesday, reaching $0.14. 261,485 shares of the stock traded hands, compared to its average volume of 19,788. The stock has a fifty day simple moving average of $0.11 and a 200 day simple moving average of $0.10. The company has a current ratio of 0.95, a quick ratio of 0.33 and a debt-to-equity ratio of 2.03. AmeraMex International has a 52 week low of $0.08 and a 52 week high of $0.48. The company has a market cap of $2.12 million, a price-to-earnings ratio of -1.40 and a beta of 0.17.

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.