AmeraMex International, Inc. (OTCMKTS:AMMX) Sees Significant Decline in Short Interest

AmeraMex International, Inc. (OTCMKTS:AMMX) was the recipient of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 400 shares, a decrease of 93.2% from the October 15th total of 5,900 shares. Based on an average trading volume of 41,700 shares, the days-to-cover ratio is presently 0.0 days.

AmeraMex International Price Performance

Shares of AMMX stock remained flat at $0.39 during trading hours on Tuesday. 61 shares of the company were exchanged, compared to its average volume of 18,597. The stock has a 50-day moving average price of $0.36 and a two-hundred day moving average price of $0.23. The company has a debt-to-equity ratio of 1.14, a current ratio of 1.30 and a quick ratio of 0.21. The stock has a market cap of $5.50 million, a price-to-earnings ratio of -39.00 and a beta of 0.39. AmeraMex International has a 12-month low of $0.09 and a 12-month high of $0.45.

AmeraMex International (OTCMKTS:AMMX) last released its quarterly earnings data on Friday, August 16th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $3.78 million for the quarter. AmeraMex International had a negative return on equity of 4.04% and a negative net margin of 1.09%.

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.