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

Dunelm Group plc (LON:DNLM - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 1,041.25 ($14.29) and traded as high as GBX 1,182 ($16.22). Dunelm Group shares last traded at GBX 1,167 ($16.01), with a volume of 851,572 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reissued 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 assigned a buy rating to the company. According to MarketBeat.com, Dunelm Group presently has an average rating of "Moderate Buy" and an average price target of GBX 1,251 ($17.17).

Dunelm Group Stock Performance

The company has a market cap of £2.37 billion, a P/E ratio of 15.62, a P/E/G ratio of -10.32 and a beta of 1.18. The firm's fifty day moving average price is GBX 1,156.19 and its 200-day moving average price is GBX 1,042.02. 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 Buying and Selling at Dunelm Group

In related news, insider Ajay Kavan bought 2,621 shares of Dunelm Group stock in a transaction dated Wednesday, May 7th. The shares were bought at an average cost of GBX 1,142 ($15.67) per share, for a total transaction of £29,931.82 ($41,075.64). Also, insider Karen Witts sold 24,277 shares of the company's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of GBX 1,178 ($16.17), for a total transaction of £285,983.06 ($392,456.51). 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.