Metro (OTCMKTS:MTRAF) Shares Gap Down – Should You Sell?

Metro Inc. (OTCMKTS:MTRAF) shares gapped down before the market opened on Thursday . The stock had previously closed at $71.61, but opened at $66.23. Metro shares last traded at $66.23, with a volume of 502 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on MTRAF shares. Scotiabank reissued an “outperform” rating on shares of Metro in a research note on Thursday, November 20th. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a research note on Wednesday, January 28th. Finally, TD Securities reissued a “buy” rating on shares of Metro in a research note on Wednesday, January 28th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Metro Trading Down 7.5%

The company has a current ratio of 1.42, a quick ratio of 0.53 and a debt-to-equity ratio of 0.65. The company has a market cap of $14.09 billion and a PE ratio of 40.14. The company has a fifty day simple moving average of $70.93 and a two-hundred day simple moving average of $69.95.

Metro (OTCMKTS:MTRAF) last announced its quarterly earnings data on Tuesday, January 27th. The company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.04). Metro had a return on equity of 14.73% and a net margin of 4.44%.The company had revenue of $3.85 billion for the quarter, compared to analyst estimates of $3.71 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.