Ceconomy’s (MTTRY) Neutral Rating Reiterated at DZ Bank

DZ Bank restated their neutral rating on shares of Ceconomy (OTCMKTS:MTTRY) in a report released on Tuesday morning.

Shares of Ceconomy opened at $2.15 on Tuesday, Marketbeat.com reports. Ceconomy has a twelve month low of $2.02 and a twelve month high of $6.92. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.60 and a current ratio of 0.97.

About Ceconomy

Ceconomy AG engages in the consumer electronics retail business. It operates multichannel consumer electronics stores under the MediaMarkt and Saturn brand names; redcoon.de, an online electronics store; and JUKE!, a music streaming service that comprise songs, films, games, and e-books. The company also operates iBOOD, a live-shopping portal; Flip4New!, a purchasing service for consumer electronics, which allow customers to sell used electronic articles; and LocaFox, a local commerce platform that connects local retailers with the multichannel world.

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