Ceconomy AG (OTCMKTS:MTTRY) Sees Significant Growth in Short Interest

Ceconomy AG (OTCMKTS:MTTRY - Get Free Report) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 20,600 shares, an increase of 83.9% from the March 15th total of 11,200 shares. Based on an average daily trading volume, of 14,900 shares, the short-interest ratio is currently 1.4 days.

Ceconomy Price Performance

Shares of OTCMKTS MTTRY remained flat at $0.43 during mid-day trading on Friday. 54,194 shares of the company traded hands, compared to its average volume of 4,755. The company has a debt-to-equity ratio of 3.33, a quick ratio of 0.55 and a current ratio of 0.93. The firm's 50 day moving average price is $0.39 and its 200-day moving average price is $0.41. Ceconomy has a twelve month low of $0.31 and a twelve month high of $0.65. The company has a market cap of $1.04 billion, a price-to-earnings ratio of -21.50 and a beta of 1.68.

Ceconomy (OTCMKTS:MTTRY - Get Free Report) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.06 EPS for the quarter. The firm had revenue of $7.61 billion during the quarter. Ceconomy had a negative net margin of 0.17% and a negative return on equity of 2.17%.

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.