Ceconomy AG (OTCMKTS:MTGGY – Get Free Report)’s share price shot up 1.3% during trading on Thursday . The company traded as high as $6.00 and last traded at $6.00. 1,500 shares traded hands during trading, an increase of 36% from the average session volume of 1,103 shares. The stock had previously closed at $5.9201.
Ceconomy Stock Performance
The firm has a 50 day moving average of $6.00 and a two-hundred day moving average of $6.00.
About Ceconomy
Ceconomy AG is a leading European consumer electronics retailer, operating the MediaMarkt and Saturn banners. The company offers a wide assortment of products, including televisions, home appliances, computers, smartphones, audio equipment and related accessories. In addition to brick-and-mortar outlets, Ceconomy serves customers through e-commerce platforms and mobile applications, providing a seamless omnichannel shopping experience.
Established in July 2017 as a spin-off from Metro Group’s consumer electronics division, Ceconomy built on decades of retail expertise inherited from its predecessors.
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