Massimo Group (NASDAQ:MAMO) Posts Quarterly Earnings Results

Massimo Group (NASDAQ:MAMO) released its quarterly earnings data on Tuesday. The company reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports. Massimo Group had a return on equity of 39.46% and a net margin of 6.90%.

Massimo Group Stock Up 3.1%

Shares of NASDAQ:MAMO traded up $0.07 during trading on Tuesday, hitting $2.34. 15,691 shares of the company were exchanged, compared to its average volume of 49,889. Massimo Group has a 1-year low of $2.16 and a 1-year high of $4.66. The company has a market capitalization of $97.22 million and a P/E ratio of 12.32. The business’s 50 day moving average is $2.52 and its 200-day moving average is $2.81.

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.