Ceconomy (OTCMKTS:MTTRY – Get Free Report) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,000 shares, an increase of ? from the June 30th total of 0 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 359,820 shares, the days-to-cover ratio is currently 0.0 days.
Ceconomy Stock Down 37.0%
Shares of MTTRY stock traded down $0.37 on Friday, hitting $0.63. The stock had a trading volume of 3,295 shares, compared to its average volume of 31,581. Ceconomy has a 12-month low of $0.56 and a 12-month high of $4.71. The company has a debt-to-equity ratio of 2.97, a current ratio of 0.93 and a quick ratio of 0.47. The business has a 50 day moving average of $0.73 and a 200 day moving average of $0.86. The stock has a market cap of $1.53 billion, a price-to-earnings ratio of -39.38 and a beta of 1.17.
Ceconomy (OTCMKTS:MTTRY – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported ($0.03) EPS for the quarter. Ceconomy had a negative net margin of 0.23% and a positive return on equity of 5.91%. The firm had revenue of $6.13 billion during the quarter.
Ceconomy Company Profile
Ceconomy AG is a Germany?based consumer electronics retailer that operates under the MediaMarkt and Saturn banners. The company offers a broad range of products including computers, smartphones, home appliances, televisions, audio equipment and gaming consoles. In addition to in?store retail, it provides e?commerce solutions and related services such as installation, repair and customer support to meet evolving consumer preferences for omnichannel shopping. Ceconomy also engages in the sale of digital products and solutions, including software subscriptions, streaming services and connected home devices.
Formed in 2017 through a spin-off from the German wholesale and retail group METRO AG, Ceconomy inherited one of Europe’s largest consumer electronics footprints.
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