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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares gapped down prior to trading on Thursday . The stock had previously closed at $9.1160, but opened at $8.89. B&M European Value Retail shares last traded at $8.89, with a volume of 638 shares.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BMRRY. Zacks Research lowered B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 9th. Citigroup downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft cut B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, B&M European Value Retail presently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Stock Performance

The business has a 50-day moving average price of $9.30 and a 200-day moving average price of $12.03. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35.

About B&M European Value Retail

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.