Metro (OTCMKTS:MTRAF) Sets New 1-Year Low – Here’s Why

Metro Inc. (OTCMKTS:MTRAF) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $60.71 and last traded at $60.71, with a volume of 263 shares. The stock had previously closed at $67.0115.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Metro in a report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Metro currently has an average rating of “Moderate Buy”.

Metro Stock Performance

The firm has a market cap of $13.91 billion and a price-to-earnings ratio of 26.95. The company has a quick ratio of 0.59, a current ratio of 1.43 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average price of $66.04 and a 200-day moving average price of $69.02.

Metro (OTCMKTS:MTRAF) last released its earnings results on Wednesday, April 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.84). The company had revenue of $3.68 billion during the quarter, compared to analyst estimates of $7.10 billion. Metro had a net margin of 4.52% and a return on equity of 15.02%.

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.