B&M European Value Retail (OTCMKTS:BMRRY) Shares Up 4.7% – Still a Buy?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shot up 4.7% during mid-day trading on Monday . The company traded as high as $8.75 and last traded at $8.75. 712 shares traded hands during trading, a decline of 98% from the average session volume of 43,538 shares. The stock had previously closed at $8.36.

Wall Street Analysts Forecast Growth

BMRRY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lowered B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Zacks Research lowered shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 9th. Finally, Citigroup downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, B&M European Value Retail presently has an average rating of “Moderate Buy”.

B&M European Value Retail Price Performance

The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46. The firm’s 50-day moving average price is $9.54 and its two-hundred day moving average price is $12.18.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.