Ceconomy (OTCMKTS:MTTRY) Shares Gap Up – What’s Next?

Shares of Ceconomy (OTCMKTS:MTTRY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $0.7554, but opened at $0.8777. Ceconomy shares last traded at $0.8777, with a volume of 209 shares traded.

Ceconomy Trading Up 16.2%

The stock has a market cap of $2.13 billion, a P/E ratio of 219.97 and a beta of 1.11. 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 50 day simple moving average is $0.81 and its two-hundred day simple moving average is $0.82.

Ceconomy (OTCMKTS:MTTRY – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $6.13 billion during the quarter. Ceconomy had a positive return on equity of 12.51% and a negative net margin of 0.03%.

About Ceconomy

(Get Free Report)

Ceconomy AG is a Germany-based retail company specializing in consumer electronics and related services. It operates primarily through the MediaMarkt and Saturn brands, offering products such as televisions, computers, smartphones, cameras, home appliances, gaming equipment, and accessories.

The company serves customers through a combination of physical stores, online marketplaces, and digital sales channels. Its services include product delivery, installation, repair, technical support, financing solutions, and extended warranties.

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