B&M EURO VALUE/ADR (OTCMKTS:BMRRY) Upgraded to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of B&M EURO VALUE/ADR (OTCMKTS:BMRRY) from a sell rating to a hold rating in a research report report published on Friday morning, Zacks.com reports.

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. “

Separately, ValuEngine downgraded shares of B&M EURO VALUE/ADR from a hold rating to a sell rating in a report on Monday, June 3rd.

OTCMKTS:BMRRY traded down $0.27 during mid-day trading on Friday, hitting $16.78. 1,049 shares of the stock traded hands, compared to its average volume of 2,978. B&M EURO VALUE/ADR has a 52 week low of $13.91 and a 52 week high of $22.55. The stock has a 50 day moving average price of $17.31.

The firm also recently declared a Semi-Annual dividend, which will be paid on Friday, August 16th. Stockholders of record on Friday, June 21st will be given a $0.164 dividend. The ex-dividend date of this dividend is Thursday, June 20th. This is a boost from B&M EURO VALUE/ADR’s previous Semi-Annual dividend of $0.08.

About B&M EURO VALUE/ADR

B&M European Value Retail SA operates as a general merchandise value retailer in the United Kingdom and Germany. As of March 31, 2018, the company operated approximately 576 stores under the B&M brand in the United Kingdom; and 265 stores under the Heron Foods brand, as well as 86 stores under the Jawoll brand in Germany.

See Also: Cost of Goods Sold (COGS)

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