Metro (OTCMKTS:MTRAF) Shares Gap Down – Should You Sell?

Metro Inc. (OTCMKTS:MTRAF)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $71.61, but opened at $66.23. Metro shares last traded at $66.23, with a volume of 502 shares.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MTRAF. BMO Capital Markets restated an “outperform” rating on shares of Metro in a research report on Wednesday, January 28th. TD Securities reiterated a “buy” rating on shares of Metro in a research note on Wednesday, January 28th. Finally, Scotiabank reissued an “outperform” rating on shares of Metro in a report on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Metro Price Performance

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 firm has a market cap of $14.09 billion and a PE ratio of 40.14. The stock has a 50 day simple moving average of $70.72 and a 200-day simple moving average of $69.88.

Metro (OTCMKTS:MTRAF) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.83 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.04). The business had revenue of $3.85 billion during the quarter, compared to analysts’ expectations 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.