B&M European Value Retail (OTCMKTS:BMRRY) Sets New 52-Week Low – Here’s Why

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) hit a new 52-week low during trading on Wednesday . The stock traded as low as $8.68 and last traded at $8.68, with a volume of 1005 shares traded. The stock had previously closed at $8.9290.

Analyst Ratings Changes

Separately, Zacks Research cut shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Trading Down 1.5%

The company’s 50 day simple moving average is $12.20 and its 200-day simple moving average is $14.01. 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.