Grupo TMM, S.A.B. (OTCMKTS:GTMAY) Releases Quarterly Earnings Results

Grupo TMM, S.A.B. (OTCMKTS:GTMAY) issued its quarterly earnings results on Tuesday. The transportation company reported $0.05 earnings per share for the quarter, Zacks reports. Grupo TMM, S.A.B. had a net margin of 4.35% and a return on equity of 3.45%.

Grupo TMM, S.A.B. Price Performance

Shares of GTMAY stock traded up $0.01 on Tuesday, reaching $1.16. The company had a trading volume of 400 shares, compared to its average volume of 711. The business’s 50-day moving average is $1.60 and its 200 day moving average is $1.25. Grupo TMM, S.A.B. has a one year low of $0.01 and a one year high of $2.00. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $40.50 million, a PE ratio of 10.55 and a beta of 0.49.

Grupo TMM, S.A.B. Company Profile

Grupo TMM, SAB., together with its subsidiaries, operates as a logistics and transportation company in Mexico. It operates through four segments: Specialized Maritime Transportation, Logistics, Ports and Terminals, and Warehousing. The company offers maritime transportation services, including offshore vessels, which provide transportation and other services to the Mexican offshore oil industry; tankers that transport petroleum products in Mexican and international waters; parcel tankers, which transport liquid chemical and vegetable oil cargos from and to the United States and Mexico; and dry bulk carriers that transport unpackaged commodities, such as steel between South America, the Caribbean, and Mexico.