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

Ceconomy (OTCMKTS:MTTRY – Get Free Report)’s share price gapped down prior to trading on Tuesday. The stock had previously closed at $0.9328, but opened at $0.8549. Ceconomy shares last traded at $0.8549, with a volume of 283 shares traded.

Ceconomy Stock Down 8.4%

The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.46 and a current ratio of 0.90. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 214.26 and a beta of 1.11. The business’s 50 day moving average price is $0.82 and its 200 day moving average price is $0.81.

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

Ceconomy Company Profile

(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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