The Goldman Sachs Group cut shares of B&M European Value Retail (OTCMKTS:BMRRY – Free Report) from a strong-buy rating to a hold rating in a research note released on Monday,Zacks.com reports.
B&M European Value Retail Stock Performance
BMRRY stock opened at $14.29 on Monday. B&M European Value Retail has a fifty-two week low of $13.61 and a fifty-two week high of $28.59. The stock has a fifty day moving average of $16.33 and a 200-day moving average of $19.24. The company has a current ratio of 1.06, a quick ratio of 0.23 and a debt-to-equity ratio of 2.58.
B&M European Value Retail Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, January 21st will be paid a $0.7385 dividend. The ex-dividend date is Tuesday, January 21st. This is an increase 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.
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