B&M European Value Retail (LON:BME) Receives Not Rated Rating from Shore Capital

Shore Capital reiterated their not rated rating on shares of B&M European Value Retail (LON:BME) in a research note issued to investors on Tuesday, Marketbeat reports.

B&M European Value Retail Trading Up 0.2 %

BME opened at GBX 501 ($6.24) on Tuesday. B&M European Value Retail has a twelve month low of GBX 454 ($5.65) and a twelve month high of GBX 618.20 ($7.70). The company has a 50-day simple moving average of GBX 526.29 and a 200 day simple moving average of GBX 543.68. The company has a quick ratio of 0.38, a current ratio of 1.37 and a debt-to-equity ratio of 280.00. The stock has a market capitalization of £5.01 billion, a price-to-earnings ratio of 1,428.57 and a beta of 1.00.

Insiders Place Their Bets

In other news, insider Oliver Tant acquired 5,000 shares of the stock in a transaction dated Tuesday, January 23rd. The stock was bought at an average price of GBX 519 ($6.46) per share, with a total value of £25,950 ($32,304.24). Insiders own 4.23% of the company’s stock.

About B&M European Value Retail

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.