Ceconomy (OTCMKTS:MTTRY – Get Free Report) saw unusually-high trading volume on Tuesday. Approximately 38,006 shares traded hands during mid-day trading, an increase of 89% from the average daily volume of 20,085 shares. The stock last traded at $0.90 and had previously closed at $0.8792.
Ceconomy Stock Up 2.4%
The business has a 50 day simple moving average of $0.82 and a 200 day simple moving average of $0.85. The company has a market capitalization of $2.18 billion, a price-to-earnings ratio of 225.56 and a beta of 1.11. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46.
Ceconomy (OTCMKTS:MTTRY – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $6.13 billion during the quarter. Ceconomy had a negative net margin of 0.03% and a positive return on equity of 12.51%.
Ceconomy Company Profile
Ceconomy AG is a Germany-based consumer electronics retailer and the parent company of MediaMarktSaturn, one of Europe’s largest specialist retail groups. Through the MediaMarkt and Saturn brands, the company sells consumer electronics, information technology products, telecommunications equipment, household appliances, entertainment products and related accessories.
Ceconomy serves customers through a combination of physical stores and e-commerce platforms. Its services include product delivery, installation, repair, technical support, financing and other solutions designed to complement the sale of electronic devices.
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