Massimo Group (NASDAQ:MAMO - Get Free Report)'s share price was down 1% during mid-day trading on Thursday . The company traded as low as $2.92 and last traded at $3.01. Approximately 43,744 shares traded hands during trading, an increase of 7% from the average daily volume of 41,027 shares. The stock had previously closed at $3.04.
Massimo Group Price Performance
The firm has a market capitalization of $117.11 million and a PE ratio of 14.90. The firm has a fifty day moving average price of $2.78 and a 200 day moving average price of $3.34.
Institutional Trading of Massimo Group
A hedge fund recently bought a new stake in Massimo Group stock. Evernest Financial Advisors LLC purchased a new stake in shares of Massimo Group (NASDAQ:MAMO - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 11,061 shares of the company's stock, valued at approximately $41,000.
Massimo Group Company Profile
(
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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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