Massimo Group (NASDAQ:MAMO) Issues Quarterly Earnings Results

Massimo Group (NASDAQ:MAMO) announced its quarterly earnings results on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Massimo Group had a return on equity of 39.46% and a net margin of 6.90%.

Massimo Group Stock Up 0.7 %

MAMO stock opened at $2.71 on Thursday. The company has a 50-day simple moving average of $2.88 and a 200 day simple moving average of $3.19. The company has a market capitalization of $112.15 million and a P/E ratio of 14.26. Massimo Group has a fifty-two week low of $2.42 and a fifty-two week high of $4.66.

Massimo Group Company Profile

Massimo Group, through its subsidiaries, engages in the manufacturing and sale of utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats. The company also offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. In addition, it provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels.