Metro Inc. (OTCMKTS:MTRAF – Get Free Report) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,141,465 shares, a decline of 39.1% from the May 31st total of 1,875,380 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 20,322 shares, the days-to-cover ratio is currently 56.2 days.
Metro Stock Performance
Shares of OTCMKTS MTRAF opened at $63.99 on Wednesday. The stock’s 50-day moving average is $65.54 and its 200 day moving average is $68.49. The stock has a market cap of $13.43 billion and a price-to-earnings ratio of 26.01. Metro has a 1-year low of $60.71 and a 1-year high of $83.02. The company has a current ratio of 1.43, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.
Metro (OTCMKTS:MTRAF – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $1.65 by ($0.84). The business had revenue of $3.68 billion during the quarter, compared to the consensus estimate of $7.10 billion. Metro had a return on equity of 15.02% and a net margin of 4.52%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on MTRAF
Metro Company Profile
Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.
Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.
Featured Articles
- Five stocks we like better than Metro
- Could Apple’s China Play Be the Answer to Its Memory Pressure Problem?
- 3 Charts That Could Change the Course of Summer Trading
- Burger King’s Turnaround Is Putting Restaurant Brands Back in Focus
- Short Squeeze Alert—Moderna Stock Surges on New Strategy
Receive News & Ratings for Metro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metro and related companies with MarketBeat.com's FREE daily email newsletter.
