B&M European Value Retail (OTCMKTS:BMRRY) Shares Gap Down – Here’s Why

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) gapped down before the market opened on Friday . The stock had previously closed at $9.99, but opened at $9.45. B&M European Value Retail shares last traded at $9.45, with a volume of 148 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded B&M European Value Retail from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

B&M European Value Retail Price 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 fifty day moving average price of $9.53 and a 200-day moving average price of $9.65.

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.