Ceconomy (OTCMKTS:MTTRY) Stock Price Up 9.4% - Should You Buy?

Key Points

• Ceconomy stock saw a significant increase of 9.4% during trading, reaching a price of $0.84, despite a decrease in trading volume to approximately 551 shares.
• The company has a market capitalization of $2.04 billion, with a relatively low price-to-earnings ratio of 12.00, indicating potential value for investors.
• In its last quarterly results, Ceconomy reported a revenue of $5.45 billion and an earnings per share (EPS) of ($0.05), along with a strong return on equity of 37.53%.

Ceconomy (OTCMKTS:MTTRY - Get Free Report) shot up 9.4% during mid-day trading on Monday . The stock traded as high as $0.84 and last traded at $0.84. 551 shares were traded during trading, a decline of 86% from the average session volume of 4,053 shares. The stock had previously closed at $0.77.

Ceconomy Price Performance

The company has a debt-to-equity ratio of 3.78, a quick ratio of 0.46 and a current ratio of 0.92. The firm's 50 day moving average is $0.86 and its 200-day moving average is $0.72.

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

Ceconomy Company Profile

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.