B&M European Value Retail (OTCMKTS:BMRRY) Sees Strong Trading Volume – What’s Next?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) saw an uptick in trading volume on Wednesday . 13,104 shares changed hands during trading, an increase of 35% from the previous session’s volume of 9,678 shares.The stock last traded at $8.91 and had previously closed at $8.8330.

Analysts Set New Price Targets

Several research firms have weighed in on BMRRY. Citigroup cut 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 lowered B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Finally, Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

B&M European Value Retail Price Performance

The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 3.13. The business’s 50 day moving average price is $8.74 and its 200 day moving average price is $11.16.

About B&M European Value Retail

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.