B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – What’s Next?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $15.1850, but opened at $14.40. B&M European Value Retail shares last traded at $14.40, with a volume of 202 shares.

Analyst Ratings Changes

BMRRY has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating 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 research note on Wednesday, July 29th. Jefferies Financial Group restated a “hold” rating on shares of B&M European Value Retail in a research report on Wednesday. Panmure Gordon cut B&M European Value Retail to a “hold” rating in a research note on Wednesday, July 15th. Finally, Citigroup reaffirmed a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday, July 16th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Read Our Latest Report on BMRRY

B&M European Value Retail Price Performance

The stock has a fifty day simple moving average of $13.19 and a 200 day simple moving average of $11.28. The company has a quick ratio of 0.48, a current ratio of 1.42 and a debt-to-equity ratio of 2.78.

About B&M European Value Retail

(Get Free Report)

B&M European Value Retail plc is a discount retailer serving customers in the United Kingdom and France. The company operates under the B&M brand in the United Kingdom and France, offering a broad range of products at value-focused prices, including groceries, household goods, home furnishings, garden products, toys, do-it-yourself supplies, and seasonal merchandise.

In the United Kingdom, the group also operates Heron Foods, a discount food retailer focused on frozen, chilled, and ambient groceries.

Further Reading

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