Ceconomy (OTCMKTS:MTTRY) Releases Earnings Results

Ceconomy (OTCMKTS:MTTRY) announced its earnings results on Wednesday. The company reported $999.00 EPS for the quarter, reports. Ceconomy had a net margin of 0.71% and a return on equity of 43.51%.

Ceconomy Price Performance

Shares of OTCMKTS:MTTRY remained flat at $0.91 on Wednesday. 51 shares of the stock were exchanged, compared to its average volume of 151. Ceconomy has a 1-year low of $0.56 and a 1-year high of $1.25. The company has a market cap of $2.21 billion, a PE ratio of 10.83 and a beta of 1.29. The business has a 50-day moving average price of $0.94 and a 200-day moving average price of $0.95. The company has a quick ratio of 0.57, a current ratio of 0.94 and a debt-to-equity ratio of 2.85.

About Ceconomy

Ceconomy AG is a Germany‐based consumer electronics retailer that operates under the MediaMarkt and Saturn banners. The company offers a broad range of products including computers, smartphones, home appliances, televisions, audio equipment and gaming consoles. In addition to in‐store retail, it provides e‐commerce solutions and related services such as installation, repair and customer support to meet evolving consumer preferences for omnichannel shopping. Ceconomy also engages in the sale of digital products and solutions, including software subscriptions, streaming services and connected home devices.

Formed in 2017 through a spin-off from the German wholesale and retail group METRO AG, Ceconomy inherited one of Europe’s largest consumer electronics footprints.