Ceconomy AG (OTCMKTS:MTAGF – Get Free Report)’s share price rose 8.9% during mid-day trading on Monday. The company traded as high as $4.87 and last traded at $4.87. 103 shares traded hands during trading, a decline of 89% from the average session volume of 900 shares. The stock had previously closed at $4.47.
Ceconomy Price Performance
The firm has a fifty day moving average price of $5.21 and a 200 day moving average price of $5.46.
Ceconomy Company Profile
Ceconomy AG is a European consumer electronics retailer and the parent company of MediaMarkt and Saturn. Through these brands, it sells products including televisions, computers, smartphones, gaming equipment and household appliances, as well as related accessories.
The company serves customers through a combination of retail stores and online channels. Its offerings also include services related to the purchase and use of consumer electronics, such as product advice and technical support.
Ceconomy became an independent company in 2017, when Metro AG separated its consumer electronics business from its wholesale and food operations.
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