B&M European Value Retail (OTCMKTS:BMRRY) Hits New 52-Week High – Still a Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report)’s share price reached a new 52-week high on Friday. The company traded as high as $13.67 and last traded at $13.67, with a volume of 15,930 shares traded. The stock had previously closed at $13.45.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised B&M European Value Retail from a “sell” rating to a “hold” rating in a research report on Thursday, July 16th. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Zacks Research upgraded 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 lowered B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, B&M European Value Retail currently has a consensus rating of “Reduce”.

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B&M European Value Retail Stock Up 2.7%

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 company’s 50 day moving average is $12.79 and its 200 day moving average is $10.89.

B&M European Value Retail Company Profile

(Get Free Report)

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.

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