B&M European Value Retail (OTCMKTS:BMRRY) Downgraded to Hold Rating by The Goldman Sachs Group

The Goldman Sachs Group lowered shares of B&M European Value Retail (OTCMKTS:BMRRY) from a strong-buy rating to a hold rating in a report released on Monday,Zacks.com reports.

B&M European Value Retail Stock Down 0.2 %

BMRRY opened at $14.29 on Monday. B&M European Value Retail has a 1 year low of $13.61 and a 1 year high of $28.59. The stock’s 50 day simple moving average is $16.33 and its 200 day simple moving average is $19.24. 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 firm also recently declared a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, January 21st will be paid a $0.7385 dividend. The ex-dividend date is Tuesday, January 21st. This is a boost from B&M European Value Retail’s previous dividend of $0.37.

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.