B&M European Value Retail (OTCMKTS:BMRRY) Stock Price Up 1% - Here's What Happened

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY - Get Free Report)'s stock price was up 1% during trading on Tuesday . The company traded as high as $13.05 and last traded at $13.01. Approximately 22,656 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 13,981 shares. The stock had previously closed at $12.88.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on BMRRY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of B&M European Value Retail in a research report on Wednesday, April 16th. Barclays raised shares of B&M European Value Retail to a "strong-buy" rating in a 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 debt-to-equity ratio of 2.95, a current ratio of 1.35 and a quick ratio of 0.46. The business's fifty day simple moving average is $15.35 and its 200-day simple moving average is $15.48.

B&M European Value Retail Cuts Dividend

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

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.