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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.4050, but opened at $8.67. B&M European Value Retail shares last traded at $8.67, with a volume of 500 shares changing hands.

Analysts Set New Price Targets

Separately, 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. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Trading Down 4.2%

The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.13. The business’s 50 day moving average is $9.33 and its 200-day moving average is $9.19.

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.