Ceconomy (OTCMKTS:MTTRY) Shares Gap Down – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $0.8867, but opened at $0.7554. Ceconomy shares last traded at $0.7554, with a volume of 1,033 shares changing hands.

Ceconomy Trading Down 14.8%

The company has a current ratio of 0.90, a quick ratio of 0.46 and a debt-to-equity ratio of 3.04. The stock has a market capitalization of $1.83 billion, a P/E ratio of 189.32 and a beta of 1.11. The business has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $0.82.

Ceconomy (OTCMKTS:MTTRY – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported ($0.03) earnings per share (EPS) for the quarter. Ceconomy had a positive return on equity of 12.51% and a negative net margin of 0.03%.The firm had revenue of $6.13 billion for the quarter.

Ceconomy Company Profile

(Get Free Report)

Ceconomy AG is a Germany-based retail company specializing in consumer electronics and related services. It operates primarily through the MediaMarkt and Saturn brands, offering products such as televisions, computers, smartphones, cameras, home appliances, gaming equipment, and accessories.

The company serves customers through a combination of physical stores, online marketplaces, and digital sales channels. Its services include product delivery, installation, repair, technical support, financing solutions, and extended warranties.

See Also

Receive News & Ratings for Ceconomy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceconomy and related companies with MarketBeat.com's FREE daily email newsletter.