B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Should You Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped up before the market opened on Monday . The stock had previously closed at $8.6350, but opened at $9.1599. B&M European Value Retail shares last traded at $8.95, with a volume of 575 shares.

Analyst Ratings Changes

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

B&M European Value Retail Stock Up 1.5%

The company has a fifty day simple moving average of $8.84 and a two-hundred day simple moving average of $11.58. The company has a quick ratio of 0.46, a current ratio of 1.35 and a debt-to-equity ratio of 2.95.

B&M European Value Retail Company Profile

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.