B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up – Time to Buy?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $8.4060, but opened at $9.10. B&M European Value Retail shares last traded at $9.10, with a volume of 6,047 shares trading hands.

Analyst Ratings Changes

Several analysts have commented on BMRRY shares. Citigroup lowered shares of 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 shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Finally, Zacks Research raised shares of 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 three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

B&M European Value Retail Trading Up 8.3%

The business’s fifty day moving average price is $9.49 and its 200-day moving average price is $9.84. The company has a debt-to-equity ratio of 3.13, a current ratio of 1.26 and a quick ratio of 0.27.

B&M European Value Retail Company Profile

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.