Dunelm Group (LON:DNLM) Stock Passes Above 200 Day Moving Average - What's Next?

Dunelm Group plc (LON:DNLM - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,039.73 ($14.16) and traded as high as GBX 1,185 ($16.13). Dunelm Group shares last traded at GBX 1,180.80 ($16.08), with a volume of 172,737 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a research report on Thursday, April 17th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Dunelm Group has a consensus rating of "Moderate Buy" and an average price target of GBX 1,251 ($17.03).

Dunelm Group Stock Up 0.3%

The firm has a market cap of £2.39 billion, a P/E ratio of 15.75, a P/E/G ratio of -10.32 and a beta of 1.18. The firm's fifty day moving average is GBX 1,100.62 and its 200 day moving average is GBX 1,039.73. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Insider Buying and Selling

In other news, insider Ajay Kavan acquired 2,621 shares of the stock in a transaction on Wednesday, May 7th. The stock was acquired at an average cost of GBX 1,142 ($15.55) per share, for a total transaction of £29,931.82 ($40,751.29). 34.28% of the stock is currently owned by insiders.

About Dunelm Group

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.