Ceconomy (OTCMKTS:MTTRY) Stock Jumps 16.4% – Here’s What Happened

Ceconomy (OTCMKTS:MTTRY)’s share price rose 16.4% during trading on Monday. The company traded as high as $0.9066 and last traded at $0.9066. Approximately 243 shares traded hands during trading, a decline of 99% from the average session volume of 19,733 shares. The stock had previously closed at $0.7786.

Ceconomy Price Performance

The company has a market cap of $2.20 billion, a PE ratio of 227.22 and a beta of 1.09. The business has a 50 day moving average of $0.83 and a 200 day moving average of $0.85. The company has a debt-to-equity ratio of 3.04, a current ratio of 0.90 and a quick ratio of 0.46.

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

About Ceconomy

Ceconomy AG is a Germany-based consumer electronics retailer and the parent company of MediaMarktSaturn, one of Europe’s largest specialist retail groups. Through the MediaMarkt and Saturn brands, the company sells consumer electronics, information technology products, telecommunications equipment, household appliances, entertainment products and related accessories.

Ceconomy serves customers through a combination of physical stores and e-commerce platforms. Its services include product delivery, installation, repair, technical support, financing and other solutions designed to complement the sale of electronic devices.