Insider Selling: Metro, Inc. (MRU) Director Sells 20,000 Shares of Stock

Metro, Inc. (TSE:MRU) Director La Flèche Eric Richer sold 20,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of C$39.00, for a total transaction of C$780,000.00.

Metro, Inc. (TSE MRU) opened at C$39.77 on Thursday. The company has a market cap of $9,060.00, a price-to-earnings ratio of 5.19 and a beta of 0.10. Metro, Inc. has a one year low of C$38.32 and a one year high of C$47.41.

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

A number of research analysts recently weighed in on MRU shares. Scotiabank reissued an “outperform” rating and issued a C$51.00 target price on shares of Metro in a report on Monday, November 20th. Royal Bank of Canada cut their target price on shares of Metro from C$47.00 to C$44.00 and set a “sector perform” rating for the company in a report on Thursday, November 23rd. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Metro has an average rating of “Hold” and an average target price of C$47.10.

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Metro Company Profile

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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