Metro Inc. (TSE:MRU - Get Free Report)'s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$95.88 and traded as high as C$108.19. Metro shares last traded at C$106.90, with a volume of 384,588 shares changing hands.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the company. Scotiabank upped their price objective on Metro from C$100.00 to C$110.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. TD Securities increased their price target on Metro from C$99.00 to C$112.00 and gave the stock a "buy" rating in a research report on Monday, April 21st. CIBC increased their price target on Metro from C$91.00 to C$106.00 in a research report on Thursday, April 17th. UBS Group increased their price target on Metro from C$99.00 to C$105.00 in a research report on Thursday, April 17th. Finally, National Bankshares increased their price target on Metro from C$102.00 to C$107.00 and gave the stock a "sector perform" rating in a research report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of C$104.22.
View Our Latest Stock Analysis on MRU
Metro Stock Down 0.7%
The company has a debt-to-equity ratio of 62.29, a quick ratio of 0.41 and a current ratio of 1.35. The stock has a market capitalization of C$23.15 billion, a PE ratio of 24.17, a PEG ratio of 4.06 and a beta of 0.08. The business has a 50 day moving average of C$103.21 and a two-hundred day moving average of C$96.21.
Metro Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, May 27th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date was Wednesday, May 7th. Metro's dividend payout ratio (DPR) is currently 30.93%.
About Metro
(
Get Free Report)
Metro Inc, through its subsidiaries, operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. The company operates supermarkets, discount, neighborhood, and specialty stores that provide fresh and grocery products, baked goods, prepared food products, meats, dairy products, fruits and vegetables, frozen food products, bakery products, delicatessen items, and pastries.
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