Metro (OTCMKTS:MTRAF) Hits New 1-Year Low – What’s Next?

Metro Inc. (OTCMKTS:MTRAF)’s stock price reached a new 52-week low on Tuesday . The company traded as low as $63.42 and last traded at $63.42, with a volume of 423 shares traded. The stock had previously closed at $65.17.

Analysts Set New Price Targets

A number of research firms have recently weighed in on MTRAF. TD Securities reaffirmed a “buy” rating on shares of Metro in a research report on Wednesday, January 28th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Metro in a research report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Metro Trading Down 2.7%

The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.53 and a current ratio of 1.43. The company has a market cap of $13.32 billion and a P/E ratio of 25.78. The stock has a 50-day moving average of $67.10 and a two-hundred day moving average of $69.39.

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

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.