Shares of Ceconomy (OTCMKTS:MTTRY – Get Free Report) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.85 and traded as low as $0.7727. Ceconomy shares last traded at $0.7727, with a volume of 315 shares.
Ceconomy Trading Down 14.8%
The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 193.66 and a beta of 1.09. The company has a quick ratio of 0.46, a current ratio of 0.90 and a debt-to-equity ratio of 3.04. The business’s fifty day moving average is $0.83 and its 200 day moving average is $0.85.
Ceconomy Company Profile
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.
Featured Stories
- Five stocks we like better than Ceconomy
- Q3 Earnings Have Investors Wondering: Is Mercado Libre Finally a Buy?
- CVS Raised Its Outlook and Announced a Breakup—So Why Did the Stock Drop?
- Array and Shoals Are Merging: Who Really Wins the All-Stock Solar Deal?
- Duolingo’s User Growth Is Outpacing Bookings, But Is Its Strategy Paying Off?
Receive News & Ratings for Ceconomy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ceconomy and related companies with MarketBeat.com's FREE daily email newsletter.
