Colefax Group (LON:CFX) Reaches New 12-Month High - Should You Buy?

Key Points

• 52-week high: Colefax Group hit a new 52-week high, trading as high as GBX 1,220 and last at GBX 1,200 (previous close GBX 1,190) on a volume of 1,120 shares.
• Technical momentum: the stock is trading above its 50-day (GBX 1,121.05) and 200-day (GBX 1,033.59) moving averages, indicating recent upward momentum.
• Fundamentals: Colefax is a small-cap furnishings retailer with a market cap of £61.99 million and a P/E of 9.86, combined with a low beta (0.20) but a relatively high debt-to-equity ratio (73.75).

Colefax Group PLC (LON:CFX - )'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,220 and last traded at GBX 1,200, with a volume of 1120 shares. The stock had previously closed at GBX 1,190.

Colefax Group Stock Up 0.8%

The firm's 50-day moving average price is GBX 1,121.05 and its 200 day moving average price is GBX 1,033.59. The firm has a market cap of £61.99 million, a P/E ratio of 9.86 and a beta of 0.20. The company has a quick ratio of 1.25, a current ratio of 1.98 and a debt-to-equity ratio of 73.75.

About Colefax Group

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.

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