M Video traded at 62.00 this Tuesday May 12th, increasing 0.90 or 1.47 percent since the previous trading session. Looking back, over the last four weeks, M Video gained 4.39 percent. Over the last 12 months, its price fell by 41.56 percent. Looking ahead, we forecast M Video to be priced at 58.53 by the end of this quarter and at 53.14 in one year, according to Trading Economics global macro models projections and analysts expectations.
M.video PAO (formerly known as M.video OAO) is a Russia-based consumer electronics and home appliance retail chain. M.video PAO operates through numerous stores in over 100 cities, as well as through online store within the Russian Federation. It offers audio, video, digital, small and large home appliances, media and entertainment products, as well as accessories. It also offers products delivery and repair services. In addition, the Company provides management and consulting services for holding companies and for companies active in the financial and industrial sectors. M.video PAO operates through two wholly owned subsidiaries, located in Moscow. As of December 31, 2011, the Company’s major shareholder was Svece Limited with a stake of 67.78%.