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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped up before the market opened on Tuesday . The stock had previously closed at $8.36, but opened at $9.0105. B&M European Value Retail shares last traded at $9.0150, with a volume of 4,191 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently commented on BMRRY. Citigroup downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Finally, Zacks Research downgraded B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

B&M European Value Retail Stock Up 4.1%

The company’s 50 day simple moving average is $9.44 and its 200 day simple moving average is $12.12. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46.

About B&M European Value Retail

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.