Shares of Ceconomy AG (OTCMKTS:MTGGY – Get Free Report) rose 1.3% during mid-day trading on Tuesday. The company traded as high as $6.00 and last traded at $6.00. Approximately 1,500 shares changed hands during trading, an increase of 36% from the average session volume of 1,103 shares. The stock had previously closed at $5.9201.
Ceconomy Price Performance
The firm has a 50-day moving average price of $6.00 and a two-hundred day moving average price of $6.00.
About Ceconomy
CECONOMY AG is a Germany-based retail company focused on consumer electronics and related services. Through its MediaMarkt and Saturn brands, the company sells products such as televisions, computers, smartphones, home appliances, gaming systems, cameras, and other digital and household electronics.
The company operates an omnichannel retail model that combines physical stores with online sales platforms. Its services include product delivery, installation, technical support, repairs, financing options, and extended warranties.
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