Ceconomy (OTCMKTS:MTTRY – Get Free Report)’s stock price rose 6.4% on Friday . The stock traded as high as $0.8510 and last traded at $0.8510. Approximately 278 shares were traded during trading, a decline of 99% from the average session volume of 25,808 shares. The stock had previously closed at $0.80.
Ceconomy Stock Down 0.8%
The company has a market cap of $2.06 billion, a P/E ratio of 213.28 and a beta of 1.12. The company has a current ratio of 0.93, a quick ratio of 0.47 and a debt-to-equity ratio of 2.97. The firm’s 50 day moving average price is $0.79 and its 200-day moving average price is $0.84.
Ceconomy (OTCMKTS:MTTRY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.03) EPS for the quarter. The business had revenue of $6.13 billion for the quarter. Ceconomy had a positive return on equity of 12.47% and a negative net margin of 0.03%.
Ceconomy Company Profile
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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