Ceconomy (OTCMKTS:MTTRY – Get Free Report) was down 9.3% during mid-day trading on Monday . The company traded as low as $0.8251 and last traded at $0.8251. 1,837 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 23,123 shares. The stock had previously closed at $0.91.
Ceconomy Price Performance
The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46. The stock has a market capitalization of $2.00 billion, a P/E ratio of 206.79 and a beta of 1.13. The stock’s fifty day moving average is $0.82 and its 200-day moving average is $0.83.
Ceconomy (OTCMKTS:MTTRY – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported ($0.03) earnings per share for the quarter. The company had revenue of $6.13 billion during the quarter. Ceconomy had a positive return on equity of 12.51% and a negative net margin of 0.03%.
Ceconomy Company Profile
Ceconomy AG is a Germany-based consumer electronics retailer and the parent company of the MediaMarkt and Saturn brands. The company sells a broad range of products, including televisions, computers, smartphones, household appliances, cameras, gaming products, accessories and other technology-related goods.
Ceconomy operates through an omnichannel business model that combines physical retail stores with online sales platforms. In addition to product sales, its offerings include delivery, installation, repair, technical support, financing and other customer services designed to support consumers throughout the purchase and ownership process.
The company serves customers primarily across Europe, with operations in markets including Germany, Austria, Switzerland, Italy, Spain, Portugal, Poland, the Netherlands, Belgium, Luxembourg and Turkey.
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