B&M European Value Retail (LON:BME) Hits New 1-Year Low – Time to Sell?

Shares of B&M European Value Retail S.A. (LON:BME) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 378.34 ($4.87) and last traded at GBX 379.90 ($4.89), with a volume of 3024078 shares trading hands. The stock had previously closed at GBX 383.20 ($4.93).

B&M European Value Retail Trading Up 2.6 %

The company has a market cap of £3.90 billion, a P/E ratio of 1,055.00 and a beta of 1.05. The business’s 50-day moving average price is GBX 408.81 and its 200 day moving average price is GBX 457.27. The company has a debt-to-equity ratio of 308.86, a quick ratio of 0.38 and a current ratio of 1.32.

B&M European Value Retail Cuts Dividend

The firm also recently declared 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. This represents a yield of 1.4%. The ex-dividend date is Thursday, November 21st. B&M European Value Retail’s dividend payout ratio (DPR) is presently 4,166.67%.

Insider Buying and Selling at B&M European Value Retail

In other news, insider Alex Russo sold 8,602 shares of B&M European Value Retail stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of GBX 424 ($5.46), for a total transaction of £36,472.48 ($46,934.09). Corporate 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.