Ceconomy (OTCMKTS:MTTRY – Get Free Report) released its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Ceconomy had a negative net margin of 0.23% and a positive return on equity of 5.91%.
Ceconomy Price Performance
MTTRY stock traded down $0.25 during mid-day trading on Thursday, reaching $0.63. 9,638 shares of the company traded hands, compared to its average volume of 31,835. The company has a debt-to-equity ratio of 2.97, a current ratio of 0.93 and a quick ratio of 0.47. The company has a market capitalization of $1.54 billion, a P/E ratio of -39.61 and a beta of 1.17. Ceconomy has a 52-week low of $0.56 and a 52-week high of $4.71. The company has a fifty day moving average price of $0.73 and a 200-day moving average price of $0.86.
About Ceconomy
Ceconomy AG is a Germany‐based consumer electronics retailer that operates under the MediaMarkt and Saturn banners. The company offers a broad range of products including computers, smartphones, home appliances, televisions, audio equipment and gaming consoles. In addition to in‐store retail, it provides e‐commerce solutions and related services such as installation, repair and customer support to meet evolving consumer preferences for omnichannel shopping. Ceconomy also engages in the sale of digital products and solutions, including software subscriptions, streaming services and connected home devices.
Formed in 2017 through a spin-off from the German wholesale and retail group METRO AG, Ceconomy inherited one of Europe’s largest consumer electronics footprints.
Read More
- Five stocks we like better than Ceconomy
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Ceconomy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceconomy and related companies with MarketBeat.com's FREE daily email newsletter.
