B&M European Value Retail (LON:BME) Sets New 1-Year Low – Here’s Why

B&M European Value Retail S.A. (LON:BME)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as GBX 344.40 ($4.37) and last traded at GBX 345.20 ($4.38), with a volume of 6476056 shares changing hands. The stock had previously closed at GBX 347.90 ($4.41).

B&M European Value Retail Stock Down 0.7 %

The company has a debt-to-equity ratio of 308.86, a current ratio of 1.32 and a quick ratio of 0.38. The firm’s 50 day moving average is GBX 406.65 and its two-hundred day moving average is GBX 454.53. The firm has a market capitalization of £3.46 billion, a P/E ratio of 966.39 and a beta of 1.05.

B&M European Value Retail Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 21st will be given a dividend of GBX 5.30 ($0.07) per share. The ex-dividend date is Thursday, November 21st. This represents a yield of 1.4%. B&M European Value Retail’s dividend payout ratio (DPR) is 4,166.67%.

Insiders Place Their Bets

In other news, insider Alex Russo sold 8,602 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of GBX 424 ($5.37), for a total value of £36,472.48 ($46,232.07). Company insiders own 4.22% of the company’s stock.

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.