B&M European Value Retail (OTCMKTS:BMRRY) Shares Down 8.8% – Time to Sell?

Shares of B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) traded down 8.8% during mid-day trading on Tuesday . The stock traded as low as $10.01 and last traded at $10.01. 666 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 5,650 shares. The stock had previously closed at $10.98.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Citigroup restated a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “sell” rating on shares of B&M European Value Retail in a research report on Wednesday, June 10th. Finally, Sanford C. Bernstein assumed coverage on B&M European Value Retail in a research report on Friday, May 15th. They issued an “underperform” rating on the stock. Two investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

B&M European Value Retail Stock Performance

The company has a debt-to-equity ratio of 3.13, a quick ratio of 0.27 and a current ratio of 1.26. The company has a 50-day simple moving average of $9.51 and a 200-day simple moving average of $9.30.

About B&M European Value Retail

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.