Ceconomy (OTCMKTS:MTTRY) Sees Large Volume Increase – Should You Buy?

Shares of Ceconomy (OTCMKTS:MTTRY) saw an uptick in trading volume on Monday . 509 shares were traded during trading, an increase of 11% from the previous session’s volume of 457 shares.The stock last traded at $0.96 and had previously closed at $0.9950.

Ceconomy Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.90 and a debt-to-equity ratio of 3.87. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 16.00 and a beta of 1.32. The company’s fifty day simple moving average is $0.95 and its 200 day simple moving average is $0.95.

Ceconomy (OTCMKTS:MTTRY) last released its quarterly earnings data on Wednesday, December 17th. The company reported $0.01 earnings per share for the quarter. Ceconomy had a return on equity of 41.02% and a net margin of 0.54%.The business had revenue of $6.37 billion for the quarter.

About Ceconomy

Ceconomy AG is a Germany?based consumer electronics retailer that operates under the MediaMarkt and Saturn banners. The company offers a broad range of products including computers, smartphones, home appliances, televisions, audio equipment and gaming consoles. In addition to in?store retail, it provides e?commerce solutions and related services such as installation, repair and customer support to meet evolving consumer preferences for omnichannel shopping. Ceconomy also engages in the sale of digital products and solutions, including software subscriptions, streaming services and connected home devices.

Formed in 2017 through a spin-off from the German wholesale and retail group METRO AG, Ceconomy inherited one of Europe’s largest consumer electronics footprints.