Ceconomy (OTCMKTS:MTTRY) Shares Gap Down – What’s Next?

Shares of Ceconomy (OTCMKTS:MTTRY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $0.8867, but opened at $0.7554. Ceconomy shares last traded at $0.7554, with a volume of 1,033 shares traded.

Ceconomy Price Performance

The firm has a market capitalization of $1.83 billion, a PE ratio of 189.32 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. The business’s 50 day moving average is $0.82 and its two-hundred day moving average is $0.82.

Ceconomy (OTCMKTS:MTTRY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.03) EPS for the quarter. Ceconomy had a positive return on equity of 12.51% and a negative net margin of 0.03%.The company had revenue of $6.13 billion during the quarter.

Ceconomy Company Profile

(Get Free Report)

Ceconomy AG is a Germany-based retail company specializing in consumer electronics and related services. It operates primarily through the MediaMarkt and Saturn brands, offering products such as televisions, computers, smartphones, cameras, home appliances, gaming equipment, and accessories.

The company serves customers through a combination of physical stores, online marketplaces, and digital sales channels. Its services include product delivery, installation, repair, technical support, financing solutions, and extended warranties.

Further Reading

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