B&M European Value Retail (OTCMKTS:BMRRY) Reaches New 52-Week High – What’s Next?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY – Get Free Report) hit a new 52-week high on Wednesday. The stock traded as high as $15.25 and last traded at $15.25, with a volume of 3,085 shares trading hands. The stock had previously closed at $14.63.

Analyst Ratings Changes

Several brokerages have recently issued reports on BMRRY. Panmure Gordon cut shares of B&M European Value Retail to a “hold” rating in a report on Wednesday, July 15th. Zacks Research raised shares of B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 29th. Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a report on Thursday, July 16th. 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. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of B&M European Value Retail in a research note on Wednesday, October 21st. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, B&M European Value Retail presently has an average rating of “Reduce”.

Read Our Latest Research Report on BMRRY

B&M European Value Retail Trading Down 2.4%

The company has a debt-to-equity ratio of 2.78, a current ratio of 1.42 and a quick ratio of 0.48. The stock’s 50-day moving average price is $13.58 and its two-hundred day moving average price is $11.00.

B&M European Value Retail Company Profile

(Get Free Report)

B&M European Value Retail plc is a discount retailer serving customers in the United Kingdom and France. The company operates under the B&M brand in the United Kingdom and France, offering a broad range of products at value-focused prices, including groceries, household goods, home furnishings, garden products, toys, do-it-yourself supplies, and seasonal merchandise.

In the United Kingdom, the group also operates Heron Foods, a discount food retailer focused on frozen, chilled, and ambient groceries.

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