Ceconomy (OTCMKTS:MTTRY) Sees Unusually-High Trading Volume – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY) shares saw unusually-strong trading volume on Friday . Approximately 1,000 shares traded hands during trading, an increase of 109% from the previous session’s volume of 479 shares.The stock last traded at $0.90 and had previously closed at $0.9275.

Ceconomy Trading Up 20.8%

The company has a debt-to-equity ratio of 3.87, a quick ratio of 0.46 and a current ratio of 0.90. The business has a fifty day simple moving average of $0.94 and a 200 day simple moving average of $0.94. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 11.25 and a beta of 1.32.

Ceconomy (OTCMKTS:MTTRY) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.09 earnings per share (EPS) for the quarter. The business had revenue of $8.85 billion for the quarter. Ceconomy had a return on equity of 46.82% and a net margin of 0.71%.

About Ceconomy

Ceconomy AG is a Germany‐based consumer electronics retailer that operates under the MediaMarkt and Saturn banners. The company offers a broad range of products including computers, smartphones, home appliances, televisions, audio equipment and gaming consoles. In addition to in‐store retail, it provides e‐commerce solutions and related services such as installation, repair and customer support to meet evolving consumer preferences for omnichannel shopping. Ceconomy also engages in the sale of digital products and solutions, including software subscriptions, streaming services and connected home devices.

Formed in 2017 through a spin-off from the German wholesale and retail group METRO AG, Ceconomy inherited one of Europe’s largest consumer electronics footprints.