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

DFS Furniture plc (LON:DFS)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 137.80 ($1.69) and traded as high as GBX 138.80 ($1.70). DFS Furniture shares last traded at GBX 131 ($1.60), with a volume of 240,880 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “not rated” rating on shares of DFS Furniture in a research note on Friday, November 22nd.

DFS Furniture Price Performance

The stock has a 50 day moving average of GBX 137.80 and a two-hundred day moving average of GBX 127.73. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35. The firm has a market capitalization of £306.72 million, a P/E ratio of -6,550.00, a P/E/G ratio of 0.56 and a beta of 1.58.

Insider Transactions at DFS Furniture

In other news, insider Tim Stacey sold 28,400 shares of DFS Furniture stock in a transaction dated Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.63), for a total value of £37,772 ($46,221.24). 11.74% of the stock is owned by corporate insiders.

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.