DFS Furniture (LON:DFS) Stock Price Crosses Above 50 Day Moving Average of $117.17

DFS Furniture plc (LON:DFSGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 117.17 ($1.49) and traded as high as GBX 125 ($1.59). DFS Furniture shares last traded at GBX 124 ($1.57), with a volume of 89,123 shares trading hands.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on DFS Furniture from GBX 185 ($2.35) to GBX 180 ($2.28) and set a “buy” rating on the stock in a research note on Wednesday, January 31st.

Read Our Latest Research Report on DFS Furniture

DFS Furniture Stock Performance

The company has a debt-to-equity ratio of 243.44, a current ratio of 0.30 and a quick ratio of 0.10. The company has a market capitalization of £290.80 million, a price-to-earnings ratio of 1,240.00, a PEG ratio of 0.56 and a beta of 1.59. The stock has a 50 day simple moving average of GBX 117.17 and a two-hundred day simple moving average of GBX 111.76.

DFS Furniture Company Profile

(Get Free Report)

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.

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