Metro (OTCMKTS:MTRAF) Hits New 1-Year Low – What’s Next?

Metro Inc. (OTCMKTS:MTRAF)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $63.42 and last traded at $63.42, with a volume of 423 shares changing hands. The stock had previously closed at $65.17.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MTRAF. TD Securities restated a “buy” rating on shares of Metro in a report on Wednesday, January 28th. BMO Capital Markets restated an “outperform” rating on shares of Metro in a report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Metro Stock Performance

The company has a market cap of $13.32 billion and a P/E ratio of 25.78. The business’s 50 day simple moving average is $67.10 and its 200 day simple moving average is $69.39. The company has a current ratio of 1.43, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65.

Metro (OTCMKTS:MTRAF) last released its earnings results on Wednesday, April 22nd. The company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.84). Metro had a return on equity of 15.02% and a net margin of 4.52%.The firm had revenue of $3.68 billion for the quarter, compared to the consensus estimate of $7.10 billion.

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.