B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Here’s What Happened

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped up prior to trading on Friday. The stock had previously closed at $14.52, but opened at $15.12. B&M European Value Retail shares last traded at $15.12, with a volume of 160 shares changing hands.

Analysts Set New Price Targets

Several analysts recently weighed in on BMRRY shares. Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 29th. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating in a report on Thursday, July 16th. Finally, Panmure Gordon downgraded shares of B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

B&M European Value Retail Stock Up 1.0%

The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The business’s 50-day moving average price is $12.97 and its 200 day moving average price is $11.08.

B&M European Value Retail Company Profile

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.