Ceconomy (OTCMKTS:MTTRY) Upgraded at BNP Paribas

Ceconomy (OTCMKTS:MTTRY) was upgraded by investment analysts at BNP Paribas to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Ceconomy Price Performance

Shares of MTTRY opened at $0.66 on Tuesday. The business has a 50-day moving average of $0.64 and a 200-day moving average of $0.59. Ceconomy has a 1 year low of $0.34 and a 1 year high of $0.74. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 22.06 and a beta of 1.80. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.91 and a quick ratio of 0.47.

Ceconomy (OTCMKTS:MTTRY) last announced its earnings results on Tuesday, February 11th. The company reported $0.08 EPS for the quarter. Ceconomy had a return on equity of 21.42% and a net margin of 0.33%.

Ceconomy Company Profile

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.