B&M European Value Retail (OTCMKTS:BMRRY) Reaches New 12-Month High – What’s Next?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) shares hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $14.52 and last traded at $14.52, with a volume of 2,930 shares traded. The stock had previously closed at $14.45.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on BMRRY. Panmure Gordon lowered shares of B&M European Value Retail to a “hold” rating in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft upgraded shares of B&M European Value Retail from a “sell” rating to a “hold” rating in a research report on Thursday, July 16th. Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, B&M European Value Retail has an average rating of “Reduce”.

B&M European Value Retail Stock Performance

The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78. The firm has a fifty day simple moving average of $12.92 and a 200-day simple moving average of $11.04.

About B&M European Value Retail

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.