Dunelm Group (LON:DNLM) Sets New 52-Week High at $1,335.54

Dunelm Group plc (LON:DNLM) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 1,335.54 ($16.54) and last traded at GBX 1,091.60 ($13.52), with a volume of 757654 shares traded. The stock had previously closed at GBX 1,091 ($13.51).

Analyst Upgrades and Downgrades

DNLM has been the subject of a number of recent research reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,340 ($16.60) price objective on shares of Dunelm Group in a research note on Wednesday, September 13th. Royal Bank of Canada cut shares of Dunelm Group to an “underperform” rating and dropped their price objective for the stock from GBX 1,300 ($16.10) to GBX 1,000 ($12.39) in a research note on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of GBX 1,228 ($15.21).

Dunelm Group Price Performance

The stock has a market cap of £2.19 billion, a PE ratio of 1,474.32, a P/E/G ratio of -10.32 and a beta of 1.10. The company has a current ratio of 1.06, a quick ratio of 0.16 and a debt-to-equity ratio of 144.86. The company’s 50 day moving average is GBX 1,128.87 and its 200-day moving average is GBX 1,133.92.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and chairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.