Metro (OTCMKTS:MTRAF) Reaches New 52-Week Low – Time to Sell?

Metro Inc. (OTCMKTS:MTRAF)’s share price reached a new 52-week low on Monday . The stock traded as low as $60.71 and last traded at $60.71, with a volume of 263 shares traded. The stock had previously closed at $67.0115.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets reissued an “outperform” rating on shares of Metro in a research note on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Metro Stock Performance

The stock has a market capitalization of $13.91 billion and a P/E ratio of 26.95. The firm’s 50 day moving average price is $65.99 and its 200 day moving average price is $68.95. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.43 and a quick ratio of 0.59.

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

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.