B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Up - Should You Buy?

Key Points

• B&M European Value Retail shares experienced a notable increase, opening at $9.30 after a previous close of $8.98, with the last trading price at $9.26.
• Analysts are divided on the stock's rating, with Zacks Research downgrading it from "hold" to "strong sell", while there are still two "strong buy" and one "buy" ratings from other analysts.
• The company, which operates general merchandise and grocery stores in the UK and France, has a debt-to-equity ratio of 2.95 and a consensus rating of "Moderate Buy".

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $8.98, but opened at $9.30. B&M European Value Retail shares last traded at $9.26, with a volume of 15,036 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of 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 given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, B&M European Value Retail has a consensus rating of "Moderate Buy".

B&M European Value Retail Stock Performance

The company has a debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46. The business has a 50 day moving average price of $12.86 and a 200-day moving average price of $14.48.

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.

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