B&M European Value Retail (OTCMKTS:BMRRY) Rating Lowered to Strong Sell at Zacks Research

Key Points

• B&M European Value Retail has been downgraded from a "hold" to a "strong sell" rating by analysts at Zacks Research as of Thursday.
• The company's shares opened at $12.12 with a current debt-to-equity ratio of 2.95, and a 52-week range between $11.46 and $21.49.
• B&M operates a chain of general merchandise and grocery stores in the UK and France under the brands B&M and Heron Foods.

B&M European Value Retail (OTCMKTS:BMRRY - Get Free Report) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research note issued to investors on Thursday,Zacks.com reports.

B&M European Value Retail Price Performance

Shares of BMRRY stock opened at $12.12 on Thursday. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.46 and a current ratio of 1.35. B&M European Value Retail has a 52 week low of $11.46 and a 52 week high of $21.49. The company's 50 day moving average price is $12.91 and its two-hundred day moving average price is $14.58.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.