B&M European Value Retail (OTCMKTS:BMRRY) Hits New 52-Week High – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) reached a new 52-week high on Thursday. The stock traded as high as $14.52 and last traded at $14.52, with a volume of 2,930 shares trading hands. The stock had previously closed at $14.45.

Analyst Ratings Changes

BMRRY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Panmure Gordon downgraded B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Finally, Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

B&M European Value Retail Stock Up 1.6%

The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The business’s fifty day simple moving average is $13.02 and its 200-day simple moving average is $11.11.

About B&M European Value Retail

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.