B&M European Value Retail (OTCMKTS:BMRRY) Shares Pass Below 50-Day Moving Average – Time to Sell?

B&M European Value Retail S.A. (OTCMKTS:BMRRY)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.65 and traded as low as $13.86. B&M European Value Retail shares last traded at $14.11, with a volume of 43,737 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded B&M European Value Retail from a “strong-buy” rating to a “hold” rating in a report on Monday, February 24th.

B&M European Value Retail Stock Performance

The stock’s 50 day moving average is $14.65 and its two-hundred day moving average is $17.66. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.23 and a current ratio of 1.06.

B&M European Value Retail Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, January 21st were issued a dividend of $0.7385 per share. The ex-dividend date was Tuesday, January 21st. This is a boost from B&M European Value Retail’s previous dividend of $0.37.

B&M European Value Retail Company Profile

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.