DFS Furniture (LON:DFS) Share Price Passes Above Fifty Day Moving Average of $113.92

Shares of DFS Furniture plc (LON:DFS) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 113.92 ($1.45) and traded as high as GBX 115.80 ($1.47). DFS Furniture shares last traded at GBX 110 ($1.40), with a volume of 120,669 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Berenberg Bank dropped their target price on shares of DFS Furniture from GBX 180 ($2.28) to GBX 120 ($1.52) and set a “hold” rating on the stock in a report on Wednesday, March 27th. Jefferies Financial Group reiterated a “buy” rating on shares of DFS Furniture in a research note on Wednesday, June 12th. Finally, Shore Capital reiterated a “not rated” rating on shares of DFS Furniture in a research note on Wednesday, March 20th.

DFS Furniture Stock Down 0.9 %

The company has a debt-to-equity ratio of 239.47, a current ratio of 0.23 and a quick ratio of 0.10. The stock has a market capitalization of £259.60 million, a P/E ratio of 1,375.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.57. The firm has a 50 day moving average of GBX 113.92 and a 200-day moving average of GBX 114.94.

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.