B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – Should You Sell?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares gapped down before the market opened on Friday . The stock had previously closed at $9.37, but opened at $8.95. B&M European Value Retail shares last traded at $8.89, with a volume of 38,663 shares.

Analysts Set New Price Targets

BMRRY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Citigroup cut 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 upgraded shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

B&M European Value Retail Stock Down 5.3%

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 business has a 50 day moving average price of $8.79 and a 200-day moving average price of $10.95.

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.