BNP Paribas Upgrades Ceconomy (OTCMKTS:MTTRY) to Strong-Buy

Ceconomy (OTCMKTS:MTTRYGet Free Report) was upgraded by investment analysts at BNP Paribas to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Ceconomy Price Performance

Shares of OTCMKTS MTTRY opened at $0.66 on Tuesday. The business’s 50 day moving average price is $0.64 and its 200 day moving average price is $0.59. The firm has a market cap of $1.61 billion, a P/E ratio of 22.06 and a beta of 1.80. The company has a quick ratio of 0.47, a current ratio of 0.91 and a debt-to-equity ratio of 4.07. Ceconomy has a 52 week low of $0.34 and a 52 week high of $0.74.

Ceconomy (OTCMKTS:MTTRYGet Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.08 earnings per share (EPS) for the quarter. Ceconomy had a return on equity of 21.42% and a net margin of 0.33%.

Ceconomy Company Profile

(Get Free Report)

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.

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