Ceconomy (OTCMKTS:MTTRY) Stock Price Up 16.4% – What’s Next?

Ceconomy (OTCMKTS:MTTRY) shares traded up 16.4% on Monday. The stock traded as high as $0.9066 and last traded at $0.9066. Approximately 243 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 19,733 shares. The stock had previously closed at $0.7786.

Ceconomy Stock Up 3.1%

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 firm has a market cap of $2.20 billion, a P/E ratio of 227.22 and a beta of 1.09. The stock’s fifty day moving average is $0.83 and its two-hundred day moving average is $0.85.

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

About Ceconomy

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.