Ceconomy (OTCMKTS:MTTRY) Sees Significant Growth in Short Interest

Ceconomy (OTCMKTS:MTTRY) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 18,490 shares. Based on an average daily volume of 5,062 shares, the days-to-cover ratio is currently 3.7 days. Currently, 0.0% of the company’s stock are short sold.

Ceconomy Stock Down 13.4%

Shares of Ceconomy stock traded down $0.12 during trading hours on Wednesday, hitting $0.76. The company had a trading volume of 3,999 shares, compared to its average volume of 21,356. The company’s 50-day moving average is $0.81 and its two-hundred day moving average is $0.82. Ceconomy has a twelve month low of $0.56 and a twelve month high of $4.71. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46. The company has a market cap of $1.84 billion, a P/E ratio of 190.48 and a beta of 1.11.

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

Ceconomy Company Profile

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.