Ceconomy (OTCMKTS:MTTRY) Shares Gap Down – What’s Next?

Ceconomy (OTCMKTS:MTTRY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $0.8777, but opened at $0.76. Ceconomy shares last traded at $0.76, with a volume of 3,999 shares traded.

Ceconomy Price Performance

The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.46 and a current ratio of 0.90. The firm has a market cap of $1.84 billion, a P/E ratio of 19.00 and a beta of 1.11. The company has a 50-day moving average of $0.81 and a 200 day moving average of $0.82.

Ceconomy (OTCMKTS:MTTRY – Get Free Report) last announced its quarterly 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 company had revenue of $6.13 billion during the quarter.

About Ceconomy

(Get Free Report)

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.

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