Dunelm Group (LON:DNLM) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Dunelm Group plc (LON:DNLM - Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,043.75 ($14.25) and traded as high as GBX 1,219 ($16.65). Dunelm Group shares last traded at GBX 1,159 ($15.83), with a volume of 120,013 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "not rated" rating on shares of Dunelm Group in a report on Thursday, April 17th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of GBX 1,251 ($17.08).

Dunelm Group Stock Down 1.9%

The firm's 50-day simple moving average is GBX 1,165.76 and its 200 day simple moving average is GBX 1,044.65. The company has a market cap of £2.30 billion, a P/E ratio of 15.19, a PEG ratio of -10.32 and a beta of 1.18. 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 at Dunelm Group

In other news, insider Ajay Kavan acquired 2,621 shares of the stock in a transaction that occurred on Wednesday, May 7th. The stock was acquired at an average price of GBX 1,142 ($15.59) per share, for a total transaction of £29,931.82 ($40,873.71). Also, insider Karen Witts sold 24,277 shares of the company's stock in a transaction on Monday, June 16th. The shares were sold at an average price of GBX 1,178 ($16.09), for a total transaction of £285,983.06 ($390,527.19). 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.