Massimo Group (NASDAQ:MAMO) Shares Down 0.5% – Here’s What Happened

Massimo Group (NASDAQ:MAMOGet Free Report)’s share price was down 0.5% during mid-day trading on Wednesday . The company traded as low as $1.97 and last traded at $2.18. Approximately 3,314 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 49,310 shares. The stock had previously closed at $2.19.

Massimo Group Price Performance

The firm has a market cap of $90.57 million, a P/E ratio of 11.47 and a beta of -0.11. The firm’s 50-day moving average price is $2.34 and its 200 day moving average price is $2.65.

Massimo Group (NASDAQ:MAMOGet Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $14.90 million for the quarter. Massimo Group had a net margin of 6.90% and a return on equity of 39.46%.

About Massimo Group

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Massimo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Massimo Group and related companies with MarketBeat.com's FREE daily email newsletter.