Grupo TMM SAB (OTCMKTS:GTMAY) Announces Earnings Results

Grupo TMM SAB (OTCMKTS:GTMAY) released its earnings results on Tuesday. The transportation company reported $0.13 earnings per share for the quarter, Zacks reports. The company had revenue of $20.66 million for the quarter. Grupo TMM SAB had a return on equity of 13.03% and a net margin of 14.59%.

Grupo TMM SAB Stock Up 166.7%

GTMAY traded up $1.25 on Wednesday, reaching $2.00. 110 shares of the company traded hands, compared to its average volume of 3,418. The company has a market cap of $69.82 million, a price-to-earnings ratio of 4.65 and a beta of 0.83. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.29 and a quick ratio of 1.29. The stock’s 50 day moving average price is $1.59 and its 200-day moving average price is $1.30. Grupo TMM SAB has a 52-week low of $0.01 and a 52-week high of $2.00.

About Grupo TMM SAB

Grupo TMM SAB is a Mexico‐based maritime transportation and logistics company that operates a diversified fleet of vessels and provides a full suite of port, terminal and shipyard services. The company’s core activities include dry bulk and container shipping, tug and barge operations, offshore support services and dredging. Through its subsidiaries, Grupo TMM offers intermodal transport, industrial logistics solutions and specialized marine services to a variety of sectors.

In the shipping segment, Grupo TMM charters and operates dry bulk carriers, container ships, tugs and offshore support vessels to transport cargo along major trade routes in the Americas.