B&M European Value Retail (OTCMKTS:BMRRY) Trading 7.5% Higher – Time to Buy?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRYGet Free Report) were up 7.5% during trading on Thursday . The stock traded as high as $8.88 and last traded at $8.7850. Approximately 4,225 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 46,355 shares. The stock had previously closed at $8.1745.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of 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 assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Get Our Latest Stock Report on BMRRY

B&M European Value Retail Stock Up 1.9%

The business’s fifty day moving average is $11.25 and its two-hundred day moving average is $13.33. The company has a quick ratio of 0.46, a current ratio of 1.35 and a debt-to-equity ratio of 2.95.

About B&M European Value Retail

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for B&M European Value Retail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B&M European Value Retail and related companies with MarketBeat.com's FREE daily email newsletter.