B&M European Value Retail (OTCMKTS:BMRRY) Sees Large Volume Increase – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRYGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 25,000 shares were traded during trading, an increase of 31% from the previous session’s volume of 19,153 shares.The stock last traded at $9.30 and had previously closed at $9.20.

Wall Street Analysts Forecast Growth

BMRRY has been the topic of a number of recent analyst reports. 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. Citigroup lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a 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 research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on BMRRY

B&M European Value Retail Price Performance

The stock’s 50-day moving average price is $8.87 and its 200-day moving average price is $10.77. The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26.

B&M European Value Retail Company Profile

(Get Free Report)

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.

Further Reading

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