Ceconomy (OTCMKTS:MTTRY) Shares Down 6.4% – What’s Next?

Ceconomy (OTCMKTS:MTTRY)’s stock price dropped 6.4% on Friday. The stock traded as low as $0.7582 and last traded at $0.7582. 1,254 shares traded hands during trading, a decline of 94% from the average daily volume of 22,195 shares. The stock had previously closed at $0.8101.

Ceconomy Stock Down 6.4%

The firm has a market cap of $1.84 billion, a P/E ratio of 190.03 and a beta of 1.11. The business’s fifty day moving average price is $0.82 and its two-hundred day moving average price is $0.82. The company has a current ratio of 0.90, a quick ratio of 0.46 and a debt-to-equity ratio of 3.04.

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

Ceconomy Company Profile

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.