B&M European Value Retail (OTCMKTS:BMRRY) Shares Up 3.9% - What's Next?

Key Points

• B&M European Value Retail shares rose 3.9%, trading at $9.33, but experienced a significant drop in trading volume, with only 306 shares changing hands compared to an average of 49,302.
• Zacks Research downgraded the company's rating from "hold" to "strong sell", while overall the stock holds a "Moderate Buy" rating from analysts.
• The company operates a range of stores in the UK and France, including B&M and Heron Foods, and reported key financial ratios such as a debt-to-equity ratio of 2.95.

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report)'s share price shot up 3.9% during mid-day trading on Wednesday . The stock traded as high as $9.33 and last traded at $9.33. 306 shares changed hands during trading, a decline of 99% from the average session volume of 49,302 shares. The stock had previously closed at $8.98.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of B&M European Value Retail from a "hold" rating to a "strong sell" rating in a research report on Thursday, October 9th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

B&M European Value Retail Trading Up 4.7%

The company's fifty day moving average price is $12.80 and its two-hundred day moving average price is $14.44. 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 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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