MAMO Shariah Compliance
Screening Methodology: AAOIFI
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Massimo Group. Stock Analysis MAMO
Massimo Group is an emerging growth company, which operates as a manufacturer and distributor of powersports vehicles and recreational watercraft. The company is headquartered in Garland, Texas and currently employs 100 full-time employees. The company went IPO on 2024-04-02. The firm manufactures, imports and distributes a diversified portfolio of products divided into two main lines: utility task vehicles (UTV), all-terrain vehicles (ATV), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes and tractors among other products; and recreational Pontoon Boats. The company is also focused on developing new product lines, such as electric vehicle chargers, and electric Pontoon Boats. In addition to distributing its products, it intends to provide unparalleled customer service, which includes over 600 motor vehicles and 5,500 marine third-party service providers across the United States, 24-hour customer support and an approximately 40,000 square foot parts facility. Its products are sold directly by it in the e-commerce marketplace and through a network of dealerships, distributors, and chain stores. Its products are designed to serve and market towards recreational users.
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Massimo Group vs S&P 500 Comparative Returns
Analysis of MAMO stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Massimo Group (MAMO) -15.18%
- S&P 500 5.05%
Massimo Group Underperformed S&P 500 by 20.23%
1Y Performance
- Massimo Group (MAMO) -42.63%
- S&P 500 13.06%
Massimo Group Underperformed S&P 500 by 55.69%
3Y Performance
- Massimo Group (MAMO) %
- S&P 500 62.03%
Massimo Group Underperformed S&P 500 by N/A%
5Y Performance
- Massimo Group (MAMO) %
- S&P 500 99.19%
Massimo Group Underperformed S&P 500 by N/A%
Community-Curated Collections ( With MAMO )
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FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.