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Metro (ETR:B4B3) Trading Down 0.9% - Here's Why

Metro logo with Consumer Defensive background

Metro AG (ETR:B4B3 - Get Free Report) shares dropped 0.9% on Wednesday . The stock traded as low as €5.35 ($5.82) and last traded at €5.35 ($5.82). Approximately 9,200 shares traded hands during mid-day trading, an increase of 251% from the average daily volume of 2,620 shares. The stock had previously closed at €5.40 ($5.87).

Metro Stock Performance

The stock's 50 day simple moving average is €5.23 and its two-hundred day simple moving average is €5.19. The company has a market capitalization of $1.94 billion, a P/E ratio of -16.84 and a beta of 0.70. The company has a debt-to-equity ratio of 240.95, a current ratio of 0.70 and a quick ratio of 0.23.

About Metro

(Get Free Report)

Metro AG operates as a food wholesale company in Germany and internationally. It operates bricks-and-mortar wholesale stores and delivery depots under the METRO, MAKRO, Classic Fine Foods, Pro à Pro, Aviludo, Pro a Pro Spain, Johan i Hallen & Bergfalk, and Rungis Express brand names serving hotels, restaurants, bars, cafés, catering companies, canteen operators, small grocery stores, and kiosks in Europe, Russia, and Asia, as well as online marketplace METRO MARKETS.

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