Ceconomy (OTCMKTS:MTTRY – Get Free Report) shares traded up 16.6% during mid-day trading on Thursday . The stock traded as high as $0.80 and last traded at $0.80. Approximately 225 shares changed hands during trading, a decline of 99% from the average session volume of 28,675 shares. The stock had previously closed at $0.6864.
Ceconomy Price Performance
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 firm’s 50-day moving average is $0.76 and its two-hundred day moving average is $0.85. The company has a market cap of $1.94 billion, a P/E ratio of 200.50 and a beta of 1.12.
Ceconomy (OTCMKTS:MTTRY – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported ($0.03) earnings per share (EPS) for the quarter. Ceconomy had a negative net margin of 0.03% and a positive return on equity of 12.47%. The company had revenue of $6.13 billion during the quarter.
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.
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