Ceconomy (OTCMKTS:MTTRY) Shares Gap Down – Here’s Why

Ceconomy (OTCMKTS:MTTRY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $0.8867, but opened at $0.7554. Ceconomy shares last traded at $0.7554, with a volume of 1,033 shares traded.

Ceconomy Stock Performance

The company has a market cap of $1.83 billion, a P/E ratio of 189.32 and a beta of 1.11. The company has a quick ratio of 0.46, a current ratio of 0.90 and a debt-to-equity ratio of 3.04. The stock has a 50 day moving average price of $0.82 and a two-hundred day moving average price of $0.82.

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

Ceconomy Company Profile

(Get Free Report)

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.

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