Ceconomy (OTCMKTS:MTTRY) Rating Increased to Strong-Buy at BNP Paribas

BNP Paribas upgraded shares of Ceconomy (OTCMKTS:MTTRYFree Report) to a strong-buy rating in a report issued on Tuesday,Zacks.com reports.

Ceconomy Stock Performance

Shares of MTTRY opened at $0.66 on Tuesday. Ceconomy has a 1 year low of $0.34 and a 1 year high of $0.74. The company’s 50 day simple moving average is $0.64 and its 200 day simple moving average is $0.59. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 22.06 and a beta of 1.80. The company has a debt-to-equity ratio of 4.07, a quick ratio of 0.47 and a current ratio of 0.91.

Ceconomy (OTCMKTS:MTTRYGet Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The company reported $0.08 earnings per share for the quarter. Ceconomy had a return on equity of 21.42% and a net margin of 0.33%.

Ceconomy Company Profile

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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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