B&M European Value Retail (OTCMKTS:BMRRY) Stock Price Up 7.1% – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s stock price rose 7.1% on Thursday . The company traded as high as $9.76 and last traded at $9.76. Approximately 7,351 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 7,281 shares. The stock had previously closed at $9.11.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Citigroup cut shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft lowered B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

B&M European Value Retail Stock Up 7.1%

The company has a debt-to-equity ratio of 3.13, a current ratio of 1.26 and a quick ratio of 0.27. The business’s 50 day moving average is $9.48 and its 200 day moving average is $9.84.

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.