B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – What’s Next?
by Scott Moore · The Cerbat GemB&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $9.37, but opened at $8.90. B&M European Value Retail shares last traded at $8.90, with a volume of 110 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on BMRRY
B&M European Value Retail Stock Up 1.9%
The business’s fifty day moving average price is $9.43 and its 200-day moving average price is $9.28. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.13.
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.