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

Dunelm Group logo with Consumer Cyclical background

Dunelm Group plc (LON:DNLM - Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1,032.85 ($13.83) and traded as high as GBX 1,183 ($15.84). Dunelm Group shares last traded at GBX 1,179.63 ($15.80), with a volume of 470,563 shares.

Analysts Set New Price Targets

Several brokerages have issued reports on DNLM. Canaccord Genuity Group reaffirmed a "buy" rating and issued a GBX 1,270 ($17.01) price target on shares of Dunelm Group in a report on Tuesday, February 11th. Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a report on Thursday, April 17th. 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.com, Dunelm Group has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,251 ($16.75).

Read Our Latest Stock Analysis on Dunelm Group

Dunelm Group Stock Performance

The stock has a market capitalization of £2.36 billion, a P/E ratio of 15.60, a P/E/G ratio of -10.32 and a beta of 1.18. The company's 50-day moving average is GBX 1,012.97 and its two-hundred day moving average is GBX 1,032.49. The company has a current ratio of 1.04, a quick ratio of 0.16 and a debt-to-equity ratio of 236.84.

Insider Transactions at Dunelm Group

In other Dunelm Group news, insider Ajay Kavan bought 2,621 shares of the stock in a transaction that occurred on Wednesday, May 7th. The shares were acquired at an average price of GBX 1,142 ($15.29) per share, with a total value of £29,931.82 ($40,085.47). Corporate insiders own 34.28% of the company's stock.

Dunelm Group Company Profile

(Get Free Report)

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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