Ceconomy (OTCMKTS:MTTRY) Sees Large Volume Increase – Should You Buy?

Shares of Ceconomy (OTCMKTS:MTTRYGet Free Report) saw unusually-high trading volume on Monday . Approximately 5,413 shares changed hands during mid-day trading, an increase of 57% from the previous session’s volume of 3,445 shares.The stock last traded at $0.93 and had previously closed at $0.9755.

Ceconomy Stock Down 2.9%

The firm has a market capitalization of $2.30 billion, a P/E ratio of 13.54 and a beta of 1.33. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.48 and a current ratio of 0.92. The firm’s 50-day moving average is $0.98 and its 200 day moving average is $0.84.

About Ceconomy

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Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.

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