CECONOMY AG/ADR (MTTRY) Releases Earnings Results

CECONOMY AG/ADR (OTCMKTS:MTTRY) issued its quarterly earnings results on Friday. The company reported $0.07 EPS for the quarter, Morningstar.com reports. The company had revenue of $7.85 billion for the quarter. CECONOMY AG/ADR had a return on equity of 32.37% and a net margin of 0.35%.

OTCMKTS:MTTRY traded up $0.18 during mid-day trading on Friday, reaching $1.06. 2,783 shares of the stock were exchanged, compared to its average volume of 521. The firm has a market cap of $1.72 billion, a P/E ratio of 7.37 and a beta of 2.34. CECONOMY AG/ADR has a 1-year low of $0.60 and a 1-year high of $2.77. The company has a quick ratio of 0.51, a current ratio of 0.91 and a debt-to-equity ratio of 0.70.

Separately, DZ Bank reaffirmed a “neutral” rating on shares of CECONOMY AG/ADR in a report on Tuesday, January 1st.

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CECONOMY AG/ADR Company Profile

Ceconomy AG engages in the consumer electronics retail business. It operates multi-channel consumer electronics stores; and Juke, a music streaming service. The company also operates iBood, a live shopping portal; and Flip4New, an online service for selling used electronic devices online. In addition, it offers professional assistance, including installation, networking, and troubleshooting of electronic appliances under the Deutsche Technikberatung brand; and services for advertisers to develop online campaigns.

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