Ceconomy (OTCMKTS:MTTRY) Sees Unusually-High Trading Volume – Here’s Why

Ceconomy (OTCMKTS:MTTRYGet Free Report) shares saw an uptick in trading volume on Wednesday . 6,004 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 3,421 shares.The stock last traded at $0.9434 and had previously closed at $0.9675.

Ceconomy Stock Down 6.6%

The business has a fifty day moving average of $0.97 and a 200 day moving average of $0.83. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of 13.54 and a beta of 1.33. The company has a debt-to-equity ratio of 3.78, a current ratio of 0.92 and a quick ratio of 0.48.

Ceconomy (OTCMKTS:MTTRYGet Free Report) last released its quarterly earnings data on Tuesday, August 12th. The company reported ($0.05) EPS for the quarter. Ceconomy had a return on equity of 38.36% and a net margin of 0.71%.The firm had revenue of $5.45 billion during the quarter.

About Ceconomy

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Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.

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