B&M European Value Retail (OTCMKTS:BMRRY) Trading 5.3% Higher – Still a Buy?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) were up 5.3% on Tuesday . The company traded as high as $9.0874 and last traded at $9.0874. Approximately 1,123 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 42,496 shares. The stock had previously closed at $8.63.

Analyst Upgrades and Downgrades

A number of research firms recently commented on BMRRY. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Citigroup cut shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Finally, Zacks Research downgraded shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Price Performance

The firm has a 50-day moving average of $8.84 and a two-hundred day moving average of $11.62. The company has a current ratio of 1.35, a quick ratio of 0.46 and a debt-to-equity ratio of 2.95.

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.