Ceconomy (OTCMKTS:MTTRY) Shares Up 5.5% – Here’s Why

Ceconomy (OTCMKTS:MTTRY)’s share price was up 5.5% on Thursday. The stock traded as high as $0.8950 and last traded at $0.80. Approximately 209 shares traded hands during trading, a decline of 99% from the average session volume of 20,434 shares. The stock had previously closed at $0.7584.

Ceconomy Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.46 and a debt-to-equity ratio of 3.04. The company has a market capitalization of $1.94 billion, a P/E ratio of 200.50 and a beta of 1.11. The business’s fifty day moving average price is $0.82 and its 200-day moving average price is $0.81.

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

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.