Dunelm Group (LON:DNLM) Stock Passes Above Two Hundred Day Moving Average of $1,083.21

Dunelm Group plc (LON:DNLMGet Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,083.21 ($13.58) and traded as high as GBX 1,112.58 ($13.95). Dunelm Group shares last traded at GBX 1,090 ($13.66), with a volume of 122,886 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on DNLM. Shore Capital reiterated a “hold” rating on shares of Dunelm Group in a report on Thursday, October 19th. Berenberg Bank raised their price target on Dunelm Group from GBX 1,370 ($17.17) to GBX 1,410 ($17.68) and gave the company a “buy” rating in a report on Wednesday, January 31st. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 1,190 ($14.92) price target on shares of Dunelm Group in a report on Thursday, December 14th. Royal Bank of Canada upgraded Dunelm Group to a “sector perform” rating and raised their price target for the company from GBX 1,000 ($12.54) to GBX 1,100 ($13.79) in a report on Monday, November 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,045 ($13.10) price target on shares of Dunelm Group in a report on Tuesday, November 21st. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 1,232.50 ($15.45).

View Our Latest Stock Report on DNLM

Dunelm Group Price Performance

The company has a debt-to-equity ratio of 242.98, a current ratio of 1.05 and a quick ratio of 0.16. The company has a market capitalization of £2.19 billion, a PE ratio of 1,453.33, a PEG ratio of -10.32 and a beta of 1.19. The firm has a 50-day moving average of GBX 1,083.23 and a 200 day moving average of GBX 1,083.21.

Insider Activity at Dunelm Group

In related news, insider Nick Wilkinson sold 41,710 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of GBX 1,049 ($13.15), for a total transaction of £437,537.90 ($548,499.31). In other news, insider Karen Witts bought 8,531 shares of the company’s stock in a transaction on Tuesday, November 14th. The shares were acquired at an average cost of GBX 1,047 ($13.13) per share, with a total value of £89,319.57 ($111,971.38). Also, insider Nick Wilkinson sold 41,710 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was sold at an average price of GBX 1,049 ($13.15), for a total value of £437,537.90 ($548,499.31). 44.19% of the stock is currently owned by insiders.

Dunelm Group Company Profile

(Get Free Report)

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 armchairs; 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.

Recommended Stories

Receive News & Ratings for Dunelm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunelm Group and related companies with MarketBeat.com's FREE daily email newsletter.