Ceconomy (OTCMKTS:MTTRY) Issues Earnings Results

Ceconomy (OTCMKTS:MTTRY) announced its quarterly earnings results on Wednesday. The company reported $999.00 earnings per share for the quarter, reports. Ceconomy had a negative net margin of 0.23% and a positive return on equity of 6.21%. The firm had revenue of $6.40 billion during the quarter.

Ceconomy Stock Performance

Shares of MTTRY stock remained flat at $0.91 during trading hours on Friday. The company has a debt-to-equity ratio of 2.85, a quick ratio of 0.57 and a current ratio of 0.94. Ceconomy has a 12-month low of $0.56 and a 12-month high of $1.25. The firm has a 50-day moving average of $0.94 and a 200 day moving average of $0.94. The firm has a market cap of $2.21 billion, a PE ratio of -56.87 and a beta of 1.29.

Ceconomy Company Profile

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.