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

B&M European Value Retail S.A. (LON:BME - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 415.40 ($5.14) and traded as low as GBX 359 ($4.44). B&M European Value Retail shares last traded at GBX 367 ($4.54), with a volume of 1,024,757 shares changing hands.

Analyst Upgrades and Downgrades

BME has been the subject of several recent research reports. JPMorgan Chase & Co. assumed coverage on B&M European Value Retail in a report on Monday, September 9th. They set an "underweight" rating and a 469.00 price objective for the company. HSBC set a 640.00 price objective on shares of B&M European Value Retail and gave the company a "buy" rating in a report on Monday, November 18th. Morgan Stanley set a 358.00 target price on shares of B&M European Value Retail and gave the stock an "underweight" rating in a report on Monday, November 18th. BNP Paribas initiated coverage on B&M European Value Retail in a research note on Monday, November 18th. They issued an "outperform" rating and a 660.00 price target on the stock. Finally, Barclays set a 570.00 price objective on B&M European Value Retail and gave the stock an "overweight" rating in a research note on Friday, October 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 561.22 ($6.95).

B&M European Value Retail Stock Down 2.7 %

The firm has a market capitalization of £3.57 billion, a P/E ratio of 992.23 and a beta of 1.05. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32. The firm's 50-day moving average is GBX 367.46 and its 200 day moving average is GBX 415.40.

B&M European Value Retail Cuts Dividend

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

Insider Activity at B&M European Value Retail

In related news, insider Mike Schmidt sold 17,878 shares of the company's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of GBX 353 ($4.37), for a total transaction of £63,109.34 ($78,115.29). Also, insider Oliver Tant purchased 12,500 shares of B&M European Value Retail stock in a transaction that occurred on Friday, December 6th. The shares were bought at an average cost of GBX 361 ($4.47) per share, with a total value of £45,125 ($55,854.68). 4.22% of the stock is owned by 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.