Massimo Group (NASDAQ:MAMO) Releases Earnings Results

Massimo Group (NASDAQ:MAMO) issued its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. The firm had revenue of $20.05 million during the quarter. Massimo Group had a return on equity of 39.46% and a net margin of 6.90%.

Massimo Group Price Performance

NASDAQ:MAMO opened at $2.66 on Friday. Massimo Group has a one year low of $2.42 and a one year high of $4.66. The company has a fifty day moving average price of $2.87 and a 200 day moving average price of $3.19. The stock has a market cap of $110.08 million and a P/E ratio of 14.00.

Massimo Group Company Profile

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels.