Massimo Group (NASDAQ:MAMO) Trading Down 0.7% – Time to Sell?

Massimo Group (NASDAQ:MAMOGet Free Report) shares were down 0.7% on Monday . The company traded as low as $2.50 and last traded at $2.79. Approximately 16,537 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 45,883 shares. The stock had previously closed at $2.81.

Massimo Group Stock Performance

The firm has a market cap of $113.39 million and a price-to-earnings ratio of 14.42. The business has a fifty day moving average of $2.87 and a two-hundred day moving average of $3.23.

Massimo Group Company Profile

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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.

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