B&M European Value Retail (OTCMKTS:BMRRY) Reaches New 12-Month Low - What's Next?

Key Points

• B&M European Value Retail's shares hit a new 12-month low at $8.93, marking a significant drop from its previous close of $11.70, with a trading volume of 11,028 shares.
• Zacks Research downgraded the company from a "hold" rating to a "strong sell," contributing to a consensus rating of "Moderate Buy" from analysts.
• The company's financial metrics show a quick ratio of 0.46, a current ratio of 1.35, and a high debt-to-equity ratio of 2.95.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) shares reached a new 52-week low on Monday . The company traded as low as $8.93 and last traded at $8.93, with a volume of 11028 shares trading hands. The stock had previously closed at $11.70.

Analyst Ratings Changes

Separately, Zacks Research cut B&M European Value Retail from a "hold" rating to a "strong sell" rating in a report on Thursday, October 9th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy".

B&M European Value Retail Trading Down 23.2%

The company has a quick ratio of 0.46, a current ratio of 1.35 and a debt-to-equity ratio of 2.95. The firm's fifty day moving average price is $12.92 and its 200 day moving average price is $14.51.

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.

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