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Ceconomy (OTCMKTS:MTTRY) Hits New 1-Year High - Here's What Happened

Ceconomy logo with Consumer Discretionary background

Ceconomy (OTCMKTS:MTTRY - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $0.82 and last traded at $0.82, with a volume of 279 shares trading hands. The stock had previously closed at $0.64.

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised Ceconomy from a "neutral" rating to a "strong-buy" rating in a research report on Tuesday, April 1st.

Get Our Latest Research Report on Ceconomy

Ceconomy Trading Up 27.8%

The company has a debt-to-equity ratio of 3.09, a current ratio of 0.95 and a quick ratio of 0.58. The business's 50 day simple moving average is $0.64 and its 200 day simple moving average is $0.61. The stock has a market cap of $1.98 billion, a P/E ratio of 16.34 and a beta of 1.33.

Ceconomy Company Profile

(Get Free Report)

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.

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