B&M European Value Retail (OTCMKTS:BMRRY) Sees Unusually-High Trading Volume – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares saw an uptick in trading volume on Tuesday . 25,000 shares changed hands during trading, an increase of 31% from the previous session’s volume of 19,153 shares.The stock last traded at $9.30 and had previously closed at $9.20.

Wall Street Analyst Weigh In

BMRRY has been the subject of a number of research analyst reports. Citigroup cut shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft cut B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Finally, Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Stock Up 1.4%

The company has a 50 day moving average of $8.81 and a 200 day moving average of $10.82. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.26 and a quick ratio of 0.27.

B&M European Value Retail Company Profile

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.