Ceconomy (OTCMKTS:MTTRY) Trading 1.5% Higher – Time to Buy?

Ceconomy AG (OTCMKTS:MTTRY)’s share price rose 1.5% during trading on Wednesday . The stock traded as high as $0.61 and last traded at $0.61. Approximately 576 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 252 shares. The stock had previously closed at $0.60.

Ceconomy Price Performance

The business has a 50 day moving average price of $0.59 and a two-hundred day moving average price of $0.56. The company has a debt-to-equity ratio of 3.88, a current ratio of 0.90 and a quick ratio of 0.44.

Ceconomy (OTCMKTS:MTTRY) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) earnings per share (EPS) for the quarter. Ceconomy had a net margin of 0.52% and a return on equity of 27.56%. The company had revenue of $5.29 billion during the quarter.

Ceconomy Company Profile

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.