AmeraMex International (OTCMKTS:AMMX) Posts Earnings Results

AmeraMex International (OTCMKTS:AMMX) issued its quarterly earnings results on Tuesday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. AmeraMex International had a negative return on equity of 4.94% and a negative net margin of 0.81%.The business had revenue of $4.19 million for the quarter.

AmeraMex International Stock Up 15.6%

Shares of AMMX stock traded up $0.02 during trading hours on Wednesday, reaching $0.18. 600 shares of the company’s stock were exchanged, compared to its average volume of 38,985. The stock has a market cap of $2.65 million, a PE ratio of -8.76 and a beta of 0.26. AmeraMex International has a 1 year low of $0.08 and a 1 year high of $0.20. The company has a current ratio of 1.22, a quick ratio of 0.20 and a debt-to-equity ratio of 1.49. The stock’s fifty day moving average price is $0.15 and its two-hundred day moving average price is $0.13.

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.