Metro (OTCMKTS:MTRAF) Shares Gap Down – Time to Sell?

Metro Inc. (OTCMKTS:MTRAF) shares gapped down before the market opened on Monday . The stock had previously closed at $76.0150, but opened at $62.41. Metro shares last traded at $62.41, with a volume of 125 shares traded.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Metro Trading Down 17.9%

The firm has a market cap of $13.09 billion and a price-to-earnings ratio of 25.37. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 1.43. The company has a 50 day moving average price of $66.07 and a 200 day moving average price of $68.59.

Metro (OTCMKTS:MTRAF) last issued its quarterly earnings data on Wednesday, April 22nd. The company reported $0.81 earnings per share (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 business had revenue of $3.68 billion for the quarter, compared to analyst estimates of $7.10 billion.

Metro Company Profile

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.