B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down - Here's What Happened

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $15.18, but opened at $14.64. B&M European Value Retail shares last traded at $14.64, with a volume of 116 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BMRRY. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of B&M European Value Retail in a research report on Wednesday, April 16th. Barclays upgraded B&M European Value Retail to a "strong-buy" rating in a research report on Thursday, May 29th. Finally, Berenberg Bank raised shares of B&M European Value Retail to a "strong-buy" rating in a report on Friday, April 11th.

B&M European Value Retail Stock Performance

The company has a fifty day moving average of $16.74 and a 200-day moving average of $15.99. The company has a quick ratio of 0.46, a current ratio of 1.35 and a debt-to-equity ratio of 2.95.

B&M European Value Retail Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, August 15th. Investors of record on Monday, June 30th will be given a dividend of $0.3973 per share. This represents a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, June 27th.

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.