B&M European Value Retail (OTCMKTS:BMRRY) Sees Large Volume Increase – Still a Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares saw strong trading volume on Wednesday . 13,050 shares traded hands during mid-day trading, a decline of 0% from the previous session’s volume of 13,114 shares.The stock last traded at $9.81 and had previously closed at $9.4225.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on BMRRY. Deutsche Bank Aktiengesellschaft lowered shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research report on Wednesday, December 10th. Citigroup lowered B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Two analysts have rated the stock with a Strong Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

B&M European Value Retail Trading Up 4.7%

The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26. The business has a 50 day moving average of $8.99 and a 200 day moving average of $10.56.

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.