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

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw strong trading volume on Wednesday . 13,050 shares changed hands during trading, a decline of 0% from the previous session’s volume of 13,114 shares.The stock last traded at $9.81 and had previously closed at $9.4225.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BMRRY. Deutsche Bank Aktiengesellschaft cut B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Zacks Research raised shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, 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. Two investment analysts have rated the stock with a Strong Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

B&M European Value Retail Trading Up 1.3%

The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26. The stock’s fifty day simple moving average is $9.05 and its 200-day simple moving average is $10.54.

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.