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DFS Furniture (LON:DFS) Stock Crosses Above Fifty Day Moving Average - Here's Why

DFS Furniture logo with Consumer Cyclical background

DFS Furniture plc (LON:DFS - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 134.55 ($1.79) and traded as high as GBX 158 ($2.10). DFS Furniture shares last traded at GBX 157 ($2.09), with a volume of 3,332,174 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 185 ($2.46) price objective on shares of DFS Furniture in a report on Monday, January 27th.

Get Our Latest Research Report on DFS Furniture

DFS Furniture Stock Up 1.9 %

The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The business has a fifty day simple moving average of GBX 134.55 and a two-hundred day simple moving average of GBX 136.67. The company has a market cap of £368.71 million, a PE ratio of -85.67, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.

DFS Furniture (LON:DFS - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX 5.30 ($0.07) earnings per share for the quarter. DFS Furniture had a negative net margin of 0.45% and a negative return on equity of 1.90%. As a group, equities research analysts predict that DFS Furniture plc will post 7.25545 earnings per share for the current year.

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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