B&M European Value Retail (LON:BME) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

B&M European Value Retail S.A. (LON:BME) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 198.14 and traded as high as GBX 227. B&M European Value Retail shares last traded at GBX 222.60, with a volume of 478,029,781 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Shore Capital Group reaffirmed a “hold” rating and issued a GBX 215 price target on shares of B&M European Value Retail in a report on Wednesday, July 15th. Jefferies Financial Group reissued a “hold” rating and set a GBX 180 price objective on shares of B&M European Value Retail in a report on Wednesday, July 1st. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, B&M European Value Retail presently has a consensus rating of “Hold” and a consensus target price of GBX 206.25.

B&M European Value Retail Price Performance

The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. The firm has a market capitalization of £2.24 billion, a PE ratio of 13.66 and a beta of 1.09. The company has a fifty day moving average price of GBX 198.14 and a two-hundred day moving average price of GBX 182.79.

B&M European Value Retail (LON:BME) last released its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%.The company had revenue of GBX 577.50 billion for the quarter. Sell-side analysts forecast that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current year.

Insider Buying and Selling at B&M European Value Retail

In related news, insider Peter Pritchard purchased 53,016 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was purchased at an average cost of GBX 192 per share, with a total value of £101,790.72. Also, insider Tjeerd Jegen acquired 53,100 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was purchased at an average price of GBX 187 per share, for a total transaction of £99,297. Company insiders own 22.81% of the company’s stock.

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.