Grupo TMM SAB (OTCMKTS:GTMAY) Shares Pass Above Two Hundred Day Moving Average of $1.68
Shares of Grupo TMM SAB (OTCMKTS:GTMAY) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.68 and traded as high as $1.69. Grupo TMM SAB shares last traded at $1.69, with a volume of 222 shares traded.
The company has a debt-to-equity ratio of 0.32, a current ratio of 1.28 and a quick ratio of 1.28. The stock’s 50-day simple moving average is $1.59 and its 200-day simple moving average is $1.68.
Grupo TMM SAB (OTCMKTS:GTMAY) last issued its quarterly earnings results on Friday, July 26th. The transportation company reported $0.10 earnings per share (EPS) for the quarter. Grupo TMM SAB had a negative return on equity of 0.91% and a negative net margin of 1.34%. The firm had revenue of $19.18 million for the quarter.
Grupo TMM, SAB., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates in four segments: Maritime, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry; tankers that transport petroleum products in Mexican waters; parcel tankers, which transport liquid chemical and vegetable oil cargos from and to the United States and Mexico; tugboats that provide towing services at the port of Manzanillo, Mexico; and dry bulk carriers that transport unpackaged commodities, such as steel between South America, the Caribbean, and Mexico.
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