Ceconomy (OTCMKTS:MTTRY) Shares Gap Up – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY – Get Free Report) shares gapped up prior to trading on Monday. The stock had previously closed at $0.7727, but opened at $0.8966. Ceconomy shares last traded at $0.8955, with a volume of 9,356 shares traded.

Ceconomy Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.46 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. The firm has a market capitalization of $2.17 billion, a P/E ratio of 224.44 and a beta of 1.09.

About Ceconomy

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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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