Metro (OTCMKTS:MTRAF) Sets New 12-Month Low – What’s Next?

Metro Inc. (OTCMKTS:MTRAF) shares hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $64.25 and last traded at $64.25, with a volume of 174 shares traded. The stock had previously closed at $66.15.

Analyst Ratings Changes

Several research firms have commented on MTRAF. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a research report on Thursday, April 23rd. TD Securities restated 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Metro Stock Performance

The stock has a 50 day moving average of $67.97 and a 200 day moving average of $69.53. The company has a market capitalization of $13.49 billion and a price-to-earnings ratio of 26.12. The company has a quick ratio of 0.53, a current ratio of 1.42 and a debt-to-equity ratio of 0.65.

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

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.