Automax Motors (LON:MTMY) Stock Price Down 90.7% – What’s Next?

by · The Cerbat Gem

Automax Motors Ltd. (LON:MTMY – Get Free Report)’s share price dropped 90.7% during trading on Wednesday . The stock traded as low as GBX 4.50 ($0.06) and last traded at GBX 4.50 ($0.06). Approximately 268,234 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 351,689 shares. The stock had previously closed at GBX 48.20 ($0.61).

Automax Motors Stock Down 90.7 %

The company has a debt-to-equity ratio of 542.51, a quick ratio of 2.19 and a current ratio of 2.40. The stock’s fifty day simple moving average is GBX 4.50 and its two-hundred day simple moving average is GBX 4.50. The company has a market capitalization of £4.44 million and a price-to-earnings ratio of -6.43.

About Automax Motors

(Get Free Report)

Automax Motors Ltd. does not have significant operations. Previously, it was engaged in offering domain monetization and mobile digital advertising services to advertisers, advertising agencies, app developers, and domain owners. The company was formerly known as Matomy Media Group Ltd and changed its name to Automax Motors Ltd.

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