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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report)’s stock price gapped up prior to trading 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.

Wall Street Analysts Forecast Growth

BMRRY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft upgraded shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research report on Thursday, July 16th. Sanford C. Bernstein began coverage on B&M European Value Retail in a report on Friday, May 15th. They set an “underperform” rating for the company. Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research note on Thursday, July 16th. Finally, Panmure Gordon lowered B&M European Value Retail to a “hold” rating in a research note on Wednesday, July 15th. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

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B&M European Value Retail Trading Up 1.8%

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

B&M European Value Retail Company Profile

(Get Free Report)

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.

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