AmeraMex International (OTCMKTS:AMMX) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

AmeraMex International, Inc. (OTCMKTS:AMMXGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.20 and traded as low as $0.18. AmeraMex International shares last traded at $0.18, with a volume of 5,000 shares.

AmeraMex International Stock Performance

The stock has a market cap of $2.59 million, a price-to-earnings ratio of -2.30 and a beta of 0.45. The company has a current ratio of 1.01, a quick ratio of 0.13 and a debt-to-equity ratio of 1.50. The company has a fifty day simple moving average of $0.20 and a 200-day simple moving average of $0.28.

About AmeraMex International

(Get Free Report)

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.

Further Reading

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