Ceconomy (OTCMKTS:MTTRY) Shares Gap Up – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $0.76, but opened at $0.9282. Ceconomy shares last traded at $0.9328, with a volume of 312 shares changing hands.

Ceconomy Stock Performance

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 stock has a 50-day moving average price of $0.81 and a 200-day moving average price of $0.82. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 233.78 and a beta of 1.11.

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

Ceconomy Company Profile

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.