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

Key Points

• Shares gapped up to $9.10 premarket from a prior close of $8.4060 and last traded at $9.10 on a volume of 6,047 shares.
• Analyst sentiment has softened with Deutsche Bank and Citigroup downgrades while Zacks moved to hold; the consensus is mixed (two Strong Buy, three Hold) and the average rating is "Moderate Buy".
• Financial/technical signals are mixed: a debt-to-equity of 3.13 and a low quick ratio of 0.27 point to high leverage and weak immediate liquidity, while the 50-day and 200-day moving averages sit at $9.48 and $9.84.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $8.4060, but opened at $9.10. B&M European Value Retail shares last traded at $9.10, with a volume of 6,047 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on BMRRY. Deutsche Bank Aktiengesellschaft downgraded B&M European Value Retail from a "buy" rating to a "hold" rating in a research report on Wednesday, December 10th. Citigroup cut B&M European Value Retail from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 11th. Finally, Zacks Research raised B&M European Value Retail from a "strong sell" rating to a "hold" rating in a research report on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".

B&M European Value Retail Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 3.13. The firm's fifty day moving average is $9.48 and its 200 day moving average is $9.84.

B&M European Value Retail Company Profile

B&M European Value Retail is a leading discount variety retailer operating primarily in the United Kingdom and France. The company's stores offer a broad assortment of value-focused merchandise, including groceries, health and beauty products, toys, seasonal items, homewares, DIY and gardening supplies, and pet care. By sourcing products directly from manufacturers and maintaining a lean cost structure, B&M aims to deliver everyday low prices to its customers.

Headquartered in Liverpool, England, B&M traces its origins back to the late 1970s and has grown through a combination of organic expansion and strategic acquisitions.

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