B&M European Value Retail (LON:BME) Shares Cross Above 50 Day Moving Average – Should You Sell?

B&M European Value Retail S.A. (LON:BME)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 205.20 and traded as high as GBX 235.80. B&M European Value Retail shares last traded at GBX 231, with a volume of 2,698,423 shares.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Shore Capital Group restated a “hold” rating and issued a GBX 215 target price on shares of B&M European Value Retail in a research note on Wednesday, July 15th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 180 price objective on shares of B&M European Value Retail in a research note on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 206.25.

B&M European Value Retail Stock Down 0.2%

The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38. The company has a fifty day moving average price of GBX 206.50 and a 200 day moving average price of GBX 186.03. The company has a market cap of £2.37 billion, a PE ratio of 14.44 and a beta of 1.06.

B&M European Value Retail (LON:BME) last announced its earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share for the quarter. B&M European Value Retail had a net margin of 2.84% and a return on equity of 21.74%. The business had revenue of GBX 577.50 billion for the quarter. As a group, analysts anticipate that B&M European Value Retail S.A. will post 38.4814815 EPS for the current year.

Insider Activity

In related news, insider Peter Pritchard acquired 53,016 shares of the stock in a transaction dated Monday, June 15th. The shares were purchased at an average price of GBX 192 per share, for a total transaction of £101,790.72. Also, insider Tjeerd Jegen acquired 53,100 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were bought at an average cost of GBX 187 per share, with a total value of £99,297. Corporate insiders own 22.81% of the company’s stock.

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.