Dunelm Group (LON:DNLM) Share Price Crosses Above 200-Day Moving Average - Should You Sell?

Dunelm Group plc (LON:DNLM - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1,032.85 ($13.75) and traded as high as GBX 1,183 ($15.74). Dunelm Group shares last traded at GBX 1,179.63 ($15.70), with a volume of 470,563 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Shore Capital restated a "not rated" rating on shares of Dunelm Group in a report on Thursday, April 17th. Canaccord Genuity Group restated a "buy" rating and set a GBX 1,270 ($16.90) target price on shares of Dunelm Group in a research note on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,251 ($16.65).

Dunelm Group Price Performance

The company has a 50-day simple moving average of GBX 997.55 and a 200-day simple moving average of GBX 1,032.85. The stock has a market cap of £2.38 billion, a PE ratio of 15.72, a PEG ratio of -10.32 and a beta of 1.18. The company has a debt-to-equity ratio of 236.84, a current ratio of 1.04 and a quick ratio of 0.16.

Dunelm Group (LON:DNLM - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported GBX 45.20 ($0.60) earnings per share for the quarter. Dunelm Group had a return on equity of 96.64% and a net margin of 8.86%. Sell-side analysts anticipate that Dunelm Group plc will post 77.0957096 EPS for the current fiscal year.

Insider Activity

In other Dunelm Group news, insider Ajay Kavan purchased 2,621 shares of the firm's stock in a transaction on Wednesday, May 7th. The shares were purchased at an average cost of GBX 1,142 ($15.20) per share, with a total value of £29,931.82 ($39,834.74). Company insiders own 34.28% of the company's stock.

Dunelm Group Company Profile

Dunelm is the UK's market leader in homewares with a purpose 'to help create the joy of truly feeling at home, now and for generations to come'. Its specialist customer proposition offers value, quality, choice and style across an extensive range of c.70,000 products, spanning multiple homewares and furniture categories and including services such as Made to Measure window treatments.

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