B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – Time to Sell?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $13.07, but opened at $12.28. B&M European Value Retail shares last traded at $12.28, with a volume of 331 shares.

Wall Street Analyst Weigh In

BMRRY has been the subject of a number of research analyst reports. Citigroup reaffirmed a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Sanford C. Bernstein began coverage on B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating for the company. Deutsche Bank Aktiengesellschaft raised B&M European Value Retail from a “sell” rating to a “hold” rating in a report on Thursday, July 16th. Finally, Panmure Gordon downgraded B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, B&M European Value Retail has a consensus rating of “Reduce”.

View Our Latest Report on B&M European Value Retail

B&M European Value Retail Stock Performance

The business has a 50 day moving average of $11.71 and a 200-day moving average of $10.29. The company has a quick ratio of 0.48, a current ratio of 1.42 and a debt-to-equity ratio of 2.78.

B&M European Value Retail Company Profile

(Get Free Report)

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company’s stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.

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.