Ceconomy (OTCMKTS:MTTRY) Shares Climb 5.5% – What’s Next?

Shares of Ceconomy (OTCMKTS:MTTRY) traded up 5.5% during trading on Thursday. The stock traded as high as $0.8950 and last traded at $0.80. Approximately 209 shares traded hands during trading, a decline of 99% from the average daily volume of 20,434 shares. The stock had previously closed at $0.7584.

Ceconomy Stock Up 9.9%

The firm’s 50 day moving average price is $0.82 and its two-hundred day moving average price is $0.81. The company has a market cap of $2.13 billion, a P/E ratio of 220.35 and a beta of 1.11. The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.46 and a current ratio of 0.90.

Ceconomy (OTCMKTS:MTTRY) last released its earnings results on Thursday, July 30th. The company reported ($0.03) earnings per share (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 for the quarter.

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.