B&M European Value Retail (LON:BME) Shares Pass Below Fifty Day Moving Average - Should You Sell?

B&M European Value Retail S.A. (LON:BME - Get Free Report)'s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 309.70 ($4.23) and traded as low as GBX 273.20 ($3.73). B&M European Value Retail shares last traded at GBX 278.28 ($3.80), with a volume of 13,484,489 shares changing hands.

Analyst Upgrades and Downgrades

BME has been the topic of a number of research analyst reports. Canaccord Genuity Group restated a "buy" rating and set a GBX 490 ($6.69) price objective on shares of B&M European Value Retail in a report on Monday, June 9th. Citigroup reissued a "buy" rating and issued a GBX 456 ($6.23) price target on shares of B&M European Value Retail in a research note on Friday, March 28th. Finally, Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a report on Tuesday, April 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 538.76 ($7.36).

B&M European Value Retail Trading Up 1.9%

The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. The firm has a fifty day moving average price of GBX 309.70 and a 200 day moving average price of GBX 308.21. The company has a market cap of £2.80 billion, a price-to-earnings ratio of 6.66 and a beta of 1.05.

B&M European Value Retail (LON:BME - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The company reported GBX 31.80 ($0.43) EPS for the quarter. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%. As a group, equities analysts predict that B&M European Value Retail S.A. will post 38.4814815 EPS for the current fiscal year.

Insider Activity

In other B&M European Value Retail news, insider Hounaïda Lasry acquired 7,600 shares of the business's stock in a transaction dated Wednesday, June 11th. The stock was bought at an average cost of GBX 262 ($3.58) per share, with a total value of £19,912 ($27,183.62). Also, insider Tjeerd Jegen bought 37,500 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The shares were acquired at an average cost of GBX 270 ($3.69) per share, for a total transaction of £101,250 ($138,225.26). Insiders purchased a total of 160,500 shares of company stock valued at $42,621,400 over the last quarter. 4.22% of the stock is currently owned by company insiders.

About B&M European Value Retail

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.