Dunelm Group (LON:DNLM) Share Price Passes Above 200 Day Moving Average of $1,079.71

Dunelm Group plc (LON:DNLM)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,079.71 ($13.66) and traded as high as GBX 1,099 ($13.90). Dunelm Group shares last traded at GBX 1,091 ($13.80), with a volume of 188,301 shares.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on DNLM. Berenberg Bank restated a “buy” rating and set a GBX 1,410 ($17.83) target price on shares of Dunelm Group in a research report on Thursday, April 18th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,200 ($15.18) target price on shares of Dunelm Group in a report on Thursday, April 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Dunelm Group currently has a consensus rating of “Hold” and an average price target of GBX 1,189 ($15.04).

Dunelm Group Price Performance

The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16. The stock’s fifty day moving average is GBX 1,052.47 and its 200-day moving average is GBX 1,079.71. The stock has a market cap of £2.22 billion, a PE ratio of 1,494.52, a price-to-earnings-growth ratio of -10.32 and a beta of 1.10.

Insider Buying and Selling at Dunelm Group

In related news, insider Ajay Kavan bought 2,450 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were bought at an average price of GBX 1,020 ($12.90) per share, with a total value of £24,990 ($31,608.90). Company insiders own 44.06% of the company’s stock.

About Dunelm Group

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.