In the past week, MAMO stock has gone down by -14.39%, with a monthly decline of -2.79% and a quarterly plunge of -36.59%. The volatility ratio for the week is 11.97%, and the volatility levels for the last 30 days are 10.80% for Massimo Group The simple moving average for the past 20 days is -15.42% for MAMO’s stock, with a -33.99% simple moving average for the past 200 days.
Is It Worth Investing in Massimo Group (NASDAQ: MAMO) Right Now?
Massimo Group (NASDAQ: MAMO) has a higher price-to-earnings ratio of 13.56x compared to its average ratio.
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The public float for MAMO is 2.87M, and currently, short sellers hold a 1.28% ratio of that float. The average trading volume of MAMO on December 20, 2024 was 127.99K shares.
MAMO) stock’s latest price update
Massimo Group (NASDAQ: MAMO) has experienced a decline in its stock price by -7.22 compared to its previous closing price of 2.63. However, the company has seen a fall of -14.39% in its stock price over the last five trading days. prnewswire.com reported 2024-12-18 that Fully Enclosed Cabs Equipped with Heating and Air Conditioning Ensure Usability and Protection in all Weather Conditions GARLAND, Texas, Dec. 18, 2024 /PRNewswire/ — Massimo Group (NASDAQ: MAMO) (“Massimo”), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of the MVR HVAC Golf Cart and MVR HVAC Utility Carts, the latest additions to the popular MVR Series of electric carts. Designed to deliver exceptional comfort and performance, these models feature fully enclosed cabs equipped with heating and air conditioning, ensuring usability and protection in all weather conditions.
MAMO Trading at -29.15% from the 50-Day Moving Average
After a stumble in the market that brought MAMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -47.64% of loss for the given period.
Volatility was left at 10.80%, however, over the last 30 days, the volatility rate increased by 11.97%, as shares sank -10.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.07% lower at present.
During the last 5 trading sessions, MAMO fell by -14.39%, in comparison to the 20-day moving average, which settled at $2.88. In addition, Massimo Group saw -18.94% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MAMO starting from Asia International Securities, who proposed sale 400,000 shares at the price of $2.75 back on Dec 18 ’24. After this action, Asia International Securities now owns shares of Massimo Group, valued at $1,100,000 using the latest closing price.
Stock Fundamentals for MAMO
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.31 for the gross margin
The net margin for Massimo Group stands at 0.06. The total capital return value is set at 0.41. Equity return is now at value 43.09, with 14.48 for asset returns.
Based on Massimo Group (MAMO), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 0.45. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 42.81.
Currently, EBITDA for the company is 13.22 million with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 11.31for trailing twelve months and the total asset turnover is 2.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.
Conclusion
To put it simply, Massimo Group (MAMO) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
