Ceconomy (OTCMKTS:MTTRY) Stock Price Up 9.4% - What's Next?

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)'s share price rose 9.4% during trading on Monday . The company traded as high as $0.84 and last traded at $0.84. Approximately 551 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 4,053 shares. The stock had previously closed at $0.77.

Ceconomy Trading Up 9.4%

The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 12.00 and a beta of 1.39. The business's fifty day simple moving average is $0.83 and its 200 day simple moving average is $0.71. The company has a debt-to-equity ratio of 3.18, a current ratio of 0.93 and a quick ratio of 0.46.

Ceconomy (OTCMKTS:MTTRY - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $5.45 billion for the quarter. Ceconomy had a return on equity of 37.53% and a net margin of 0.71%.

About Ceconomy

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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