Ceconomy (OTCMKTS:MTTRY) Shares Climb 16.4% – Here’s Why

Ceconomy (OTCMKTS:MTTRY – Get Free Report)’s share price rose 16.4% during trading on Monday. The stock traded as high as $0.9066 and last traded at $0.9066. 243 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 19,733 shares. The stock had previously closed at $0.7786.

Ceconomy Price Performance

The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 227.22 and a beta of 1.09. The firm has a 50 day simple moving average of $0.83 and a two-hundred day simple moving average of $0.85.

Ceconomy Company Profile

(Get Free Report)

Ceconomy AG is a Germany-based consumer electronics retailer and the parent company of MediaMarktSaturn, one of Europe’s largest specialist retail groups. Through the MediaMarkt and Saturn brands, the company sells consumer electronics, information technology products, telecommunications equipment, household appliances, entertainment products and related accessories.

Ceconomy serves customers through a combination of physical stores and e-commerce platforms. Its services include product delivery, installation, repair, technical support, financing and other solutions designed to complement the sale of electronic devices.

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