DFS Furniture (LON:DFS) Stock Price Crosses Above 50 Day Moving Average – Should You Sell?

Shares of DFS Furniture plc (LON:DFS) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 137.80 ($1.69) and traded as high as GBX 138.80 ($1.70). DFS Furniture shares last traded at GBX 131 ($1.60), with a volume of 240,880 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “not rated” rating on shares of DFS Furniture in a research report on Friday, November 22nd.

DFS Furniture Price Performance

The stock has a market capitalization of £306.72 million, a PE ratio of -6,550.00, a P/E/G ratio of 0.56 and a beta of 1.58. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The stock’s 50-day moving average is GBX 137.80 and its 200 day moving average is GBX 127.73.

Insider Activity

In related news, insider Tim Stacey sold 28,400 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.63), for a total transaction of £37,772 ($46,221.24). 11.74% of the stock is currently owned by corporate insiders.

DFS Furniture Company Profile

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.