Shares of Amerityre Corp (OTCMKTS:AMTY) dropped 35% during trading on Friday . The stock traded as low as $0.02 and last traded at $0.02, approximately 4,000 shares traded hands during mid-day trading. A decline of 43% from the average daily volume of 6,967 shares. The stock had previously closed at $0.03.
The business’s fifty day moving average is $0.02. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.59 and a quick ratio of 1.03.
About Amerityre (OTCMKTS:AMTY)
Amerityre Corporation engages in the research and development, manufacture, and sale of polyurethane tires in the United States. The company provides closed-cell polyurethane foam tires for bicycles, carts, hand trucks, lawn and garden, wheelbarrow, personnel carriers, and medical mobility products; polyurethane elastomer industrial tires for forklifts and scissor lifts; agricultural tires, including seeder tires and hay baler tires, as well as flat-free pivot tires that are used in irrigation systems; and specialty tires and tire-wheel assemblies.
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