B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – Should You Sell?
by Mitch Edgeman · The Markets DailyB&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $8.9420, but opened at $8.4950. B&M European Value Retail shares last traded at $8.4950, with a volume of 1,803 shares traded.
Wall Street Analyst Weigh In
Separately, Zacks Research cut shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.
Check Out Our Latest Stock Report on BMRRY
B&M European Value Retail Stock Performance
The stock’s 50-day moving average price is $10.53 and its 200 day moving average price is $12.79. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35.
B&M European Value Retail Company Profile
B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.
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