DFS Furniture (LON:DFS) Stock Passes Above 50 Day Moving Average of $119.62

DFS Furniture plc (LON:DFS) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 119.62 ($1.56) and traded as high as GBX 121 ($1.58). DFS Furniture shares last traded at GBX 119 ($1.56), with a volume of 11,892 shares changing hands.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of DFS Furniture in a research note on Wednesday, June 12th.

DFS Furniture Stock Performance

The company has a debt-to-equity ratio of 239.47, a quick ratio of 0.10 and a current ratio of 0.23. The company has a market cap of £278.63 million, a PE ratio of 1,487.50, a PEG ratio of 0.56 and a beta of 1.58. The business’s 50-day moving average is GBX 119.62 and its 200 day moving average is GBX 115.73.

About DFS Furniture

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.