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

Ceconomy (OTCMKTS:MTTRY) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 18,490 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 5,062 shares, the short-interest ratio is presently 3.7 days.

Ceconomy Stock Performance

OTCMKTS MTTRY traded down $0.12 during trading on Wednesday, reaching $0.76. The company’s stock had a trading volume of 3,999 shares, compared to its average volume of 21,356. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of 190.48 and a beta of 1.11. Ceconomy has a twelve month low of $0.56 and a twelve month high of $4.71. The business’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.82. The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.46 and a current ratio of 0.90.

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