DFS Furniture (LON:DFS) Shares Pass Above 50-Day Moving Average – Time to Sell?

DFS Furniture plc (LON:DFS)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 126.63 ($1.64) and traded as high as GBX 135 ($1.75). DFS Furniture shares last traded at GBX 132 ($1.71), with a volume of 766,652 shares.

DFS Furniture Trading Up 1.9 %

The company has a market cap of £314.80 million, a price-to-earnings ratio of -6,600.00, a P/E/G ratio of 0.56 and a beta of 1.58. The business has a fifty day simple moving average of GBX 126.63 and a 200 day simple moving average of GBX 119.18. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38.

Insider Activity

In related news, insider Bruce Marsh acquired 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The shares were purchased at an average price of GBX 124 ($1.61) per share, with a total value of £37,200 ($48,242.77). In other news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction on Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.72), for a total value of £37,772 ($48,984.57). Also, insider Bruce Marsh purchased 30,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were purchased at an average cost of GBX 124 ($1.61) per share, with a total value of £37,200 ($48,242.77). Insiders own 11.74% of the company’s stock.

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.