Massimo Group (NASDAQ:MAMO - Get Free Report) dropped 0.5% during trading on Wednesday . The company traded as low as $1.97 and last traded at $2.18. Approximately 3,314 shares traded hands during trading, a decline of 93% from the average daily volume of 49,310 shares. The stock had previously closed at $2.19.
Massimo Group Stock Down 0.5%
The business's 50-day simple moving average is $2.32 and its 200 day simple moving average is $2.63. The firm has a market capitalization of $86.83 million, a P/E ratio of 11.00 and a beta of -0.11.
Massimo Group (NASDAQ:MAMO - Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported ($0.05) EPS for the quarter. Massimo Group had a net margin of 6.90% and a return on equity of 39.46%. The business had revenue of $14.90 million for the quarter.
About Massimo Group
(
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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.
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