AmeraMex International (OTCMKTS:AMMX) Stock Passes Below 50-Day Moving Average – Time to Sell?

AmeraMex International Inc. (OTCMKTS:AMMX) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.16 and traded as low as $0.1375. AmeraMex International shares last traded at $0.1499, with a volume of 3,650 shares traded.

AmeraMex International Trading Up 0.3%

The company has a debt-to-equity ratio of 2.54, a quick ratio of 0.37 and a current ratio of 1.50. The firm has a market cap of $2.27 million, a PE ratio of 1.87 and a beta of 0.32. The stock has a 50-day simple moving average of $0.16 and a two-hundred day simple moving average of $0.16.

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 net margin of 9.75% and a return on equity of 43.46%.

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.