Dunelm Group (LON:DNLM) Share Price Passes Above 200 Day Moving Average of $1,080.18

Shares of Dunelm Group plc (LON:DNLM) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,080.18 ($13.70) and traded as high as GBX 1,082 ($13.73). Dunelm Group shares last traded at GBX 1,077 ($13.66), with a volume of 226,899 shares.

Analyst Upgrades and Downgrades

DNLM has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,200 ($15.22) price target on shares of Dunelm Group in a report on Thursday, April 18th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,410 ($17.89) target price on shares of Dunelm Group in a report on Thursday, April 18th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of GBX 1,189 ($15.08).

Dunelm Group Trading Down 0.3 %

The firm has a market capitalization of £2.18 billion, a P/E ratio of 1,475.34, a price-to-earnings-growth ratio of -10.32 and a beta of 1.10. The stock’s 50-day simple moving average is GBX 1,043.50 and its two-hundred day simple moving average is GBX 1,080.18. The company has a debt-to-equity ratio of 169.49, a current ratio of 1.06 and a quick ratio of 0.16.

Insiders Place Their Bets

In related news, insider Ajay Kavan acquired 2,450 shares of Dunelm Group stock in a transaction dated Monday, May 20th. The shares were purchased at an average price of GBX 1,020 ($12.94) per share, for a total transaction of £24,990 ($31,701.13). 44.06% of the stock is currently owned by company insiders.

Dunelm Group Company Profile

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.