B&M European Value Retail (OTCMKTS:BMRRY) Trading Down 6.4% – What’s Next?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s share price was down 6.4% on Friday . The stock traded as low as $12.23 and last traded at $12.23. Approximately 170 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 4,334 shares. The stock had previously closed at $13.07.

Analyst Ratings Changes

BMRRY has been the topic of several research analyst reports. Panmure Gordon downgraded B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Zacks Research upgraded shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein started coverage on B&M European Value Retail in a research note on Friday, May 15th. They issued an “underperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft raised shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.

B&M European Value Retail Price Performance

The company has a quick ratio of 0.48, a current ratio of 1.42 and a debt-to-equity ratio of 2.78. The firm’s 50 day moving average is $11.76 and its 200-day moving average is $10.33.

About B&M European Value Retail

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.