Ceconomy (OTCMKTS:MTTRY) Stock Jumps 15.5% – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY)’s stock price rose 15.5% during mid-day trading on Friday. The company traded as high as $0.8777 and last traded at $0.8777. 734 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 21,198 shares. The stock had previously closed at $0.76.

Ceconomy Stock Up 15.5%

The company has a debt-to-equity ratio of 3.04, a quick ratio of 0.46 and a current ratio of 0.90. The firm has a market capitalization of $2.13 billion, a P/E ratio of 219.97 and a beta of 1.11. The stock has a 50 day moving average of $0.81 and a 200-day moving average of $0.82.

Ceconomy (OTCMKTS:MTTRY) last released its quarterly earnings data on Thursday, July 30th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $6.13 billion during the quarter. Ceconomy had a negative net margin of 0.03% and a positive return on equity of 12.51%.

Ceconomy Company Profile

Ceconomy AG is a Germany-based retail company specializing in consumer electronics and related services. It operates primarily through the MediaMarkt and Saturn brands, offering products such as televisions, computers, smartphones, cameras, home appliances, gaming equipment, and accessories.

The company serves customers through a combination of physical stores, online marketplaces, and digital sales channels. Its services include product delivery, installation, repair, technical support, financing solutions, and extended warranties.