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B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up - What's Next?

B&M European Value Retail logo with Consumer Discretionary background

Key Points

  • B&M European Value Retail's shares gapped up from a previous closing price of $12.04 to open at $12.72, with trading volume of 14,309 shares.
  • Barclays upgraded the stock to a "strong-buy" rating, contributing to an overall average rating of "Buy" among analysts.
  • The company recently announced a dividend yield of 806.0%, which was paid to stockholders of record in late June.
  • Need better tools to track B&M European Value Retail? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $12.04, but opened at $12.72. B&M European Value Retail shares last traded at $12.73, with a volume of 14,309 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays raised shares of B&M European Value Retail to a "strong-buy" rating in a research note on Thursday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, B&M European Value Retail currently has a consensus rating of "Buy".

Get Our Latest Stock Report on B&M European Value Retail

B&M European Value Retail Price Performance

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 50 day moving average is $13.27 and its two-hundred day moving average is $14.90.

B&M European Value Retail Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, August 15th. Shareholders of record on Monday, June 30th were issued a $0.3973 dividend. This represents a yield of 806.0%. The ex-dividend date was Friday, June 27th.

B&M European Value Retail Company Profile

(Get Free Report)

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.

Further Reading

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