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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped up prior to trading on Monday . The stock had previously closed at $8.76, but opened at $9.32. B&M European Value Retail shares last traded at $9.32, with a volume of 840 shares.

Wall Street Analyst Weigh In

Several brokerages have commented on BMRRY. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Citigroup downgraded B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Zacks Research upgraded shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, B&M European Value Retail currently has an average rating of “Moderate Buy”.

B&M European Value Retail Price Performance

The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.13. The company has a fifty day simple moving average of $8.83 and a 200-day simple moving average of $10.79.

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.