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

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped up before the market opened on Wednesday. The stock had previously closed at $12.77, but opened at $13.53. B&M European Value Retail shares last traded at $13.53, with a volume of 115 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded B&M European Value Retail from a “sell” rating to a “hold” rating in a report on Thursday, July 16th. Panmure Gordon lowered B&M European Value Retail to a “hold” rating in a research report on Wednesday, July 15th. Zacks Research raised B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. Finally, Citigroup reissued a “neutral” rating on shares of B&M European Value Retail in a research report on Thursday, July 16th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce”.

B&M European Value Retail Stock Up 3.2%

The company’s 50-day moving average is $12.70 and its two-hundred day moving average is $10.80. The company has a current ratio of 1.42, a quick ratio of 0.48 and a debt-to-equity ratio of 2.78.

B&M European Value Retail Company Profile

B&M European Value Retail SA is a variety retailer that sells a broad range of everyday merchandise at discount prices. Its product offering includes food and beverages, household goods, home furnishings, do-it-yourself supplies, garden products, toys, health and beauty items, pet care products and seasonal merchandise.

The company operates primarily through the B&M brand in the United Kingdom and France. In the United Kingdom, its retail operations also include B&M Express convenience-format stores and Heron Foods, a discount food retailer.