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

Ceconomy (OTCMKTS:MTTRY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $0.7554, but opened at $0.8777. Ceconomy shares last traded at $0.8777, with a volume of 209 shares changing hands.

Ceconomy Trading Up 16.2%

The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 219.97 and a beta of 1.11. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46. The business’s 50-day moving average price is $0.81 and its two-hundred day moving average price is $0.82.

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

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.

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