Zacks Investment Research Lowers B & M EUROPEAN VAL (BMRRY) to Hold

B & M EUROPEAN VAL (OTCMKTS:BMRRY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “B&M European Value Retail S.A. is a multiprice value retailer. It offers fast-moving consumer goods and non-grocery products. The company operates primarily in United Kingdom and Germany. B&M European Value Retail S.A. is based in Luxembourg. “

B & M EUROPEAN VAL (BMRRY) traded up $0.54 during midday trading on Thursday, reaching $24.35. 3,670 shares of the company’s stock traded hands, compared to its average volume of 4,774. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.53 and a quick ratio of 0.31. B & M EUROPEAN VAL has a one year low of $14.42 and a one year high of $24.35.

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B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. Its stores offer products in various categories, such as home furnishings and adornments, electricals, toys, clothing and footwear products, household goods, toiletries, foods, confectioneries, soft drinks, alcohol, Halloween and Christmas goods, giftware, stationery and crafts, pet care products, DIY and decorating products, and travel accessories, as well as gardening, outdoor, and leisure products.

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