Massimo Group (NASDAQ:MAMO) Releases Earnings Results

Massimo Group (NASDAQ:MAMO) posted 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 %

Shares of NASDAQ MAMO opened at $2.71 on Thursday. The firm’s 50-day moving average price is $2.88 and its two-hundred day moving average price is $3.19. Massimo Group has a 52-week low of $2.42 and a 52-week high of $4.66. The stock has a market capitalization of $112.15 million and a P/E ratio of 14.26.

About Massimo Group

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.