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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $12.80, but opened at $13.39. B&M European Value Retail shares last traded at $13.39, with a volume of 160 shares traded.

Analyst Ratings Changes

BMRRY has been the subject of several research analyst reports. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Sanford C. Bernstein began coverage on shares of B&M European Value Retail in a research report on Friday, May 15th. They issued an “underperform” rating on the stock. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating in a research report on Thursday, July 16th. Zacks Research raised shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Panmure Gordon downgraded B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, B&M European Value Retail has a consensus rating of “Reduce”.

B&M European Value Retail Stock Up 1.8%

The company has a debt-to-equity ratio of 2.78, a quick ratio of 0.48 and a current ratio of 1.42. The business’s 50-day simple moving average is $11.31 and its 200-day simple moving average is $10.14.

B&M European Value Retail Company Profile

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.