Shares of Ceconomy AG (OTCMKTS:MTTRY - Get Free Report) were up 7% during mid-day trading on Friday . The stock traded as high as $0.60 and last traded at $0.60. Approximately 265 shares traded hands during trading, a decline of 71% from the average daily volume of 899 shares. The stock had previously closed at $0.56.
Wall Street Analysts Forecast Growth
Separately, BNP Paribas upgraded Ceconomy from a "neutral" rating to a "strong-buy" rating in a research note on Tuesday, April 1st.
Read Our Latest Stock Report on Ceconomy
Ceconomy Stock Performance
The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 20.00 and a beta of 1.41. The firm has a fifty day simple moving average of $0.66 and a 200 day simple moving average of $0.61. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.91 and a quick ratio of 0.47.
Ceconomy Company Profile
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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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