Metro (OTCMKTS:MTRAF) Sets New 1-Year Low – Should You Sell?

Metro Inc. (OTCMKTS:MTRAF) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as $65.34 and last traded at $65.34, with a volume of 125 shares changing hands. The stock had previously closed at $66.46.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on MTRAF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a report on Thursday, April 23rd. TD Securities reiterated a “buy” rating on shares of Metro in a report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Metro Price Performance

The company has a market cap of $14.25 billion and a PE ratio of 27.44. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.53 and a current ratio of 1.42. The stock has a 50 day moving average of $68.59 and a 200-day moving average of $69.58.

Metro (OTCMKTS:MTRAF) last issued its earnings results on Wednesday, April 22nd. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.84). The firm had revenue of $3.68 billion during the quarter, compared to analysts’ expectations of $7.10 billion. Metro had a return on equity of 15.01% and a net margin of 4.52%.

Metro Company Profile

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.