Massimo Group (NASDAQ:MAMO) Delivered A Better ROE Than Its Industry [Yahoo! Finance]
Massimo Group (MAMO)
Company Research
Source: Yahoo! Finance
NASDAQ:MAMO ), by way of a worked example. Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Put another way, it reveals the company's success at turning shareholder investments into profits. How To Calculate Return On Equity? Return on equity can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Massimo Group is: 56% = US$14m ÷ US$25m (Based on the trailing twelve months to June 2024). The 'return' refers to a company's earnings over the last year. That means that for every $1 worth of shareholders' equity, the company generated $0.56 in profit. Does Massimo Group Have A Good ROE? One simple way to determine if a company has a good return on equity is to compare it to the average for its industry. However, this method is only useful as a rough check, because companies do diff
Show less
Read more
Impact Snapshot
Event Time:
MAMO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MAMO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MAMO alerts
High impacting Massimo Group news events
Weekly update
A roundup of the hottest topics
MAMO
News
- There May Be Reason For Hope In Massimo Group's (NASDAQ:MAMO) Disappointing Earnings [Yahoo! Finance]Yahoo! Finance
- Massimo Launches the All-New 2025 Buck 550-6 Crew UTV: Redefining Value in the Powersports MarketPR Newswire
- Massimo Announces Expansion of Successful Partnership with Rural King for 2025 [Yahoo! Finance]Yahoo! Finance
- Massimo Announces Expansion of Successful Partnership with Rural King for 2025PR Newswire
- Massimo Group Third Quarter 2024 Earnings: US$0.061 loss per share (vs US$0.097 profit in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
MAMO
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- MAMO's page on the SEC website