Metro (OTCMKTS:MTRAF) Shares Gap Down – Here’s What Happened

Metro Inc. (OTCMKTS:MTRAF)’s share price gapped down prior to trading on Monday . The stock had previously closed at $66.58, but opened at $63.96. Metro shares last traded at $63.96, with a volume of 135 shares.

Analyst Ratings Changes

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

Metro Stock Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 1.43. The stock has a market cap of $15.95 billion and a PE ratio of 30.90. The firm has a fifty day moving average price of $65.54 and a 200 day moving average price of $68.49.

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

Metro Company Profile

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.