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Ceconomy (OTCMKTS:MTTRY) Stock Price Down 14% - Time to Sell?

Ceconomy logo with Consumer Discretionary background

Ceconomy AG (OTCMKTS:MTTRY - Get Free Report)'s share price was down 14% during mid-day trading on Wednesday . The stock traded as low as $0.48 and last traded at $0.51. Approximately 7,421 shares traded hands during mid-day trading, an increase of 13% from the average daily volume of 6,568 shares. The stock had previously closed at $0.59.

Ceconomy Stock Performance

The company has a current ratio of 0.90, a quick ratio of 0.44 and a debt-to-equity ratio of 3.88. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 10.03 and a beta of 1.67. The firm has a fifty day simple moving average of $0.60 and a 200-day simple moving average of $0.58.

Ceconomy Company Profile

(Get Free Report)

Ceconomy AG, together with its subsidiaries, engages in the consumer electronics retail business. It operates stores under the MediaMarkt and Saturn brands. The company offers professional assistance for the installation, connection, and troubleshooting of electronic devices at home under the Deutsche Technikberatung brand.

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