Metro (OTCMKTS:MTRAF) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Shares crossed below their 200-day moving average — MTRAF fell below the $69.58 200-day MA, trading as low as $67.14 and last at $67.17 on light volume (283 shares), down about 0.7%.
• Analyst sentiment is a Moderate Buy (three Buys, one Hold), with BMO Capital Markets and TD Securities reaffirming Outperform/Buy ratings on Jan. 28.
• In the latest quarter Metro reported EPS of $0.83 (missing estimates by $0.04) while revenue beat at $3.85B; the company has a $14.22B market cap and a P/E of ~40.7.

Shares of Metro Inc. (OTCMKTS:MTRAF - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $69.58 and traded as low as $67.14. Metro shares last traded at $67.17, with a volume of 283 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MTRAF shares. BMO Capital Markets reiterated an "outperform" rating on shares of Metro in a research report on Wednesday, January 28th. TD Securities reaffirmed a "buy" rating on shares of Metro in a report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

Metro Trading Down 0.7%

The stock has a market capitalization of $14.22 billion and a P/E ratio of 40.71. The company has a current ratio of 1.42, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The stock's fifty day moving average price is $69.59 and its two-hundred day moving average price is $69.58.

Metro (OTCMKTS:MTRAF - Get Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.04). The firm had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.71 billion. Metro had a net margin of 4.44% and a return on equity of 14.73%.

Metro Company Profile

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.

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