B&M European Value Retail (LON:BME) Share Price Passes Below 200 Day Moving Average - Should You Sell?

B&M European Value Retail S.A. (LON:BME - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 428.33 ($5.45) and traded as low as GBX 361.50 ($4.60). B&M European Value Retail shares last traded at GBX 363.30 ($4.62), with a volume of 2,037,953 shares.

Wall Street Analysts Forecast Growth

BME has been the subject of a number of research analyst reports. Barclays set a 570.00 price target on B&M European Value Retail and gave the company an "overweight" rating in a research note on Friday, October 18th. Investec set a 495.00 price objective on shares of B&M European Value Retail and gave the company a "hold" rating in a report on Wednesday, October 30th. HSBC set a 640.00 price target on B&M European Value Retail and gave the company a "buy" rating in a research note on Monday, November 18th. Redburn Atlantic set a 500.00 price objective on B&M European Value Retail and gave the stock a "neutral" rating in a research note on Wednesday, September 25th. Finally, Citigroup decreased their target price on shares of B&M European Value Retail from GBX 540 ($6.86) to GBX 510 ($6.48) and set a "buy" rating for the company in a research report on Friday, November 22nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 561.22 ($7.13).

B&M European Value Retail Stock Down 2.1 %

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 business's 50 day moving average price is GBX 378.41 and its 200 day moving average price is GBX 428.33. The firm has a market cap of £3.56 billion, a PE ratio of 988.33 and a beta of 1.05.

B&M European Value Retail Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, November 21st were issued a GBX 5.30 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 1.4%. B&M European Value Retail's payout ratio is currently 4,166.67%.

Insider Buying and Selling

In related news, insider Mike Schmidt sold 17,878 shares of the stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.49), for a total value of £63,109.34 ($80,230.54). Also, insider Oliver Tant bought 12,500 shares of the business's stock in a transaction on Friday, December 6th. The shares were acquired at an average cost of GBX 361 ($4.59) per share, with a total value of £45,125 ($57,367.15). 4.22% of the stock is currently owned by company insiders.

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.