Ceconomy (OTCMKTS:MTTRY) Shares Gap Up – Still a Buy?

Ceconomy (OTCMKTS:MTTRY)’s stock price gapped up prior to trading on Tuesday. The stock had previously closed at $0.7554, but opened at $0.8777. Ceconomy shares last traded at $0.8777, with a volume of 209 shares traded.

Ceconomy Stock Down 13.4%

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 company has a market capitalization of $1.84 billion, a PE ratio of 21.94 and a beta of 1.11. The business’s 50-day simple moving average is $0.81 and its 200-day simple moving average is $0.82.

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

About Ceconomy

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.