AmeraMex International (OTCMKTS:AMMX) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

AmeraMex International Inc. (OTCMKTS:AMMX) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.17 and traded as low as $0.1512. AmeraMex International shares last traded at $0.1540, with a volume of 9,725 shares.

AmeraMex International Stock Performance

The firm has a fifty day moving average of $0.17 and a 200 day moving average of $0.16. The company has a debt-to-equity ratio of 2.54, a current ratio of 1.50 and a quick ratio of 0.37. The stock has a market capitalization of $2.33 million, a price-to-earnings ratio of 1.93 and a beta of 0.30.

AmeraMex International (OTCMKTS:AMMX) last announced its quarterly earnings results on Friday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. AmeraMex International had a return on equity of 43.46% and a net margin of 9.75%.

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. It serves customers in the United States, Canada, Latin America, Asia, and Africa. The company was founded in 1989 and is based in Chico, California.