Metro (OTCMKTS:MTRAF) Sets New 12-Month Low – What’s Next?

Shares of Metro Inc. (OTCMKTS:MTRAF) reached a new 52-week low on Wednesday . The stock traded as low as $64.25 and last traded at $64.25, with a volume of 174 shares traded. The stock had previously closed at $66.15.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. TD Securities restated a “buy” rating on shares of Metro in a research report on Wednesday, January 28th. BMO Capital Markets restated an “outperform” rating on shares of Metro in a report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Metro Trading Down 2.9%

The firm’s 50 day simple moving average is $67.97 and its two-hundred day simple moving average is $69.53. The stock has a market capitalization of $13.49 billion and a P/E ratio of 26.12. The company has a quick ratio of 0.53, a current ratio of 1.42 and a debt-to-equity ratio of 0.65.

Metro (OTCMKTS:MTRAF) last released its quarterly earnings data on Wednesday, April 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.84). The company had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $7.10 billion. Metro had a return on equity of 15.01% and a net margin of 4.52%.

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.