Metro (OTCMKTS:MTRAF) Shares Gap Down – Should You Sell?

Metro Inc. (OTCMKTS:MTRAF)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $71.10, but opened at $67.83. Metro shares last traded at $67.66, with a volume of 600 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have commented on MTRAF. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a research report on Thursday, November 20th. Scotiabank reiterated an “outperform” rating on shares of Metro in a research note on Thursday, November 20th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Metro Trading Down 3.7%

The company has a 50 day moving average of $71.44 and a 200 day moving average of $71.04. The company has a current ratio of 1.30, a quick ratio of 0.51 and a debt-to-equity ratio of 0.61. The firm has a market cap of $14.60 billion and a price-to-earnings ratio of 83.50.

Metro (OTCMKTS:MTRAF) last issued its earnings results on Tuesday, January 27th. The company reported $0.83 EPS for the quarter. Metro had a net margin of 4.63% and a return on equity of 14.84%.

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.