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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped down before the market opened on Monday . The stock had previously closed at $10.98, but opened at $10.29. B&M European Value Retail shares last traded at $10.4540, with a volume of 1,203 shares.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on BMRRY shares. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “sell” rating on shares of B&M European Value Retail in a research note on Wednesday. Finally, Sanford C. Bernstein began coverage on shares of B&M European Value Retail in a research note on Friday, May 15th. They set an “underperform” rating for the company. Two equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

B&M European Value Retail Stock Down 4.8%

The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.13. The firm’s 50 day simple moving average is $9.50 and its two-hundred day simple moving average is $9.29.

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.