Insider Selling: Metro, Inc. (MRU) Insider Sells 2,610 Shares of Stock

Metro, Inc. (TSE:MRU) insider Yves Vã©Zina sold 2,610 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of C$39.63, for a total transaction of C$103,434.30.

Metro, Inc. (MRU) traded up C$0.56 during trading on Tuesday, hitting C$39.97. 851,288 shares of the stock traded hands, compared to its average volume of 615,794. Metro, Inc. has a 1 year low of C$38.45 and a 1 year high of C$47.41. The company has a market capitalization of $9,100.00, a P/E ratio of 5.21 and a beta of 0.10.

Metro (TSE:MRU) last posted its quarterly earnings results on Tuesday, January 30th. The company reported C$0.67 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.49 by C$0.18. Metro had a net margin of 4.80% and a return on equity of 21.29%. The firm had revenue of C$3.11 billion during the quarter.

MRU has been the subject of several research analyst reports. Royal Bank of Canada decreased their price target on shares of Metro from C$47.00 to C$44.00 and set a “sector perform” rating for the company in a research note on Thursday, November 23rd. Scotiabank reaffirmed an “outperform” rating and set a C$51.00 price target on shares of Metro in a research note on Monday, November 20th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of C$47.10.

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About Metro

Metro Inc operates as a retailer and distributor in the food and pharmaceutical sectors in Canada. It operates supermarkets, discount and drug stores, and food stores that provide grocery products, general merchandise, non-perishable goods, dairy products, prepared meals, fruits and vegetables, meats, and frozen foods.

Insider Buying and Selling by Quarter for Metro (TSE:MRU)

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