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Ceconomy (OTCMKTS:MTTRY) Shares Gap Up - Time to Buy?

Ceconomy logo with Consumer Discretionary background

Key Points

  • Ceconomy shares experienced a notable increase, opening at $0.93 after closing at $0.87, marking a gapped up of 7.0% in trading.
  • The company reported a net margin of 0.71% and a return on equity of 38.36%, despite showing a loss of ($0.05) earnings per share for the last quarter.
  • Ceconomy, operating under the MediaMarkt and Saturn brands, has a market cap of $2.26 billion and a debt-to-equity ratio of 3.78.
  • Five stocks to consider instead of CECONOMY.

Ceconomy (OTCMKTS:MTTRY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $0.87, but opened at $0.93. Ceconomy shares last traded at $0.93, with a volume of 202 shares changing hands.

Ceconomy Stock Up 9.1%

The stock's fifty day moving average is $0.90 and its 200-day moving average is $0.74. The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.48 and a current ratio of 0.92.

Ceconomy (OTCMKTS:MTTRY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 12th. The company reported ($0.05) earnings per share (EPS) for the quarter. Ceconomy had a net margin of 0.71% and a return on equity of 38.36%. The firm had revenue of $5.45 billion for the quarter.

About Ceconomy

(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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