B&M European Value Retail (OTCMKTS:BMRRY) Hits New 12-Month Low – Here’s What Happened

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s stock price hit a new 52-week low on Wednesday . The company traded as low as $8.43 and last traded at $8.55, with a volume of 55471 shares. The stock had previously closed at $8.63.

Analysts Set New Price Targets

Separately, Zacks Research cut B&M European Value Retail from a “hold” rating to a “strong sell” rating in a report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, B&M European Value Retail has an average rating of “Moderate Buy”.

B&M European Value Retail Stock Performance

The firm’s 50 day simple moving average is $11.77 and its 200-day simple moving average is $13.70. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.