Metro (OTCMKTS:MTRAF) Shares Gap Down – Time to Sell?

Metro Inc. (OTCMKTS:MTRAF) gapped down prior to trading on Monday . The stock had previously closed at $76.0150, but opened at $62.41. Metro shares last traded at $62.41, with a volume of 125 shares changing hands.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets restated an “outperform” rating on shares of Metro in a research note on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Metro Stock Down 17.9%

The company has a quick ratio of 0.59, a current ratio of 1.43 and a debt-to-equity ratio of 0.65. The stock has a market cap of $13.09 billion and a price-to-earnings ratio of 25.37. The business’s fifty day moving average is $66.07 and its two-hundred day moving average is $68.59.

Metro (OTCMKTS:MTRAF) last released its earnings results on Wednesday, April 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.84). The business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $7.10 billion. Metro had a return on equity of 15.02% and a net margin of 4.52%.

About Metro

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.