AmeraMex International, Inc. (OTCMKTS:AMMX) Short Interest Update

AmeraMex International, Inc. (OTCMKTS:AMMX) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 5,900 shares, a growth of 181.0% from the September 30th total of 2,100 shares. Based on an average daily volume of 14,900 shares, the days-to-cover ratio is currently 0.4 days.

AmeraMex International Stock Down 2.1 %

Shares of OTCMKTS:AMMX opened at $0.35 on Friday. The business’s 50 day moving average is $0.36 and its 200 day moving average is $0.21. AmeraMex International has a 12-month low of $0.09 and a 12-month high of $0.45. The stock has a market cap of $4.92 million, a price-to-earnings ratio of -34.84 and a beta of 0.38. The company has a quick ratio of 0.21, a current ratio of 1.30 and a debt-to-equity ratio of 1.14.

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

About AmeraMex International

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.