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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s share price gapped down before the market opened on Monday . The stock had previously closed at $8.8250, but opened at $8.5150. B&M European Value Retail shares last traded at $8.5150, with a volume of 457 shares.

Analysts Set New Price Targets

Several research analysts have weighed in on BMRRY shares. Zacks Research lowered shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 9th. 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. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Price Performance

The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46. The company’s 50-day moving average is $9.77 and its 200 day moving average is $12.36.

B&M European Value Retail Company Profile

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.