Ceconomy (OTCMKTS:MTTRY – Get Free Report) shares gapped up prior to trading on Monday. The stock had previously closed at $0.7727, but opened at $0.8966. Ceconomy shares last traded at $0.8955, with a volume of 9,356 shares.
Ceconomy Trading Up 15.9%
The company has a fifty day simple moving average of $0.83 and a 200-day simple moving average of $0.85. 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 stock has a market cap of $2.17 billion, a price-to-earnings ratio of 224.44 and a beta of 1.09.
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.
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