B&M European Value Retail (OTCMKTS:BMRRY) Shares Down 4.5% – Should You Sell?

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY)’s share price was down 4.5% during mid-day trading on Friday . The company traded as low as $8.71 and last traded at $8.71. Approximately 153 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 43,071 shares. The stock had previously closed at $9.1160.

Wall Street Analysts Forecast Growth

BMRRY has been the subject of several recent analyst reports. Citigroup downgraded shares of B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a research note on Thursday, December 11th. Zacks Research cut B&M European Value Retail from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 9th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of B&M European Value Retail from a “buy” rating to a “hold” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

B&M European Value Retail Stock Down 2.7%

The company has a 50 day simple moving average of $9.23 and a 200 day simple moving average of $12.01. The company has a current ratio of 1.35, a quick ratio of 0.46 and a debt-to-equity ratio of 2.95.

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.