B&M European Value Retail (OTCMKTS:BMRRY) Stock Price Down 5% – Here’s What Happened

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares fell 5% during trading on Tuesday . The stock traded as low as $8.4140 and last traded at $8.4140. 3,108 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 44,343 shares. The stock had previously closed at $8.8525.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Citigroup downgraded B&M European Value Retail to a “neutral” rating in a research note on Thursday. 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. Finally, Zacks Research downgraded shares of B&M European Value Retail from a “hold” rating to a “strong sell” rating in a report on Thursday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

B&M European Value Retail Trading Down 0.4%

The company has a fifty day simple moving average of $9.65 and a two-hundred day simple moving average of $12.33. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46.

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.