Dunelm Group (OTCMKTS:DNLMY) Shares Gap Down - What's Next?

Key Points

• Shares gapped down before the open to $11.17 from a $12.00 close and last traded at $11.17 on very light volume (243 shares), about a 2.1% decline.
• Analyst views are mixed: Jefferies upgraded the stock to a “strong-buy” (Feb 8) while Zacks cut it to a hold (Mar 13), leaving a MarketBeat consensus of Buy (1 Strong Buy, 1 Buy, 1 Hold).
• Key fundamentals/technicals show pressure: debt-to-equity is 2.73 and quick ratio 0.25, with the share price trading below both the 50-day ($12.68) and 200-day ($14.07) moving averages.

Shares of Dunelm Group (OTCMKTS:DNLMY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $12.00, but opened at $11.17. Dunelm Group shares last traded at $11.17, with a volume of 243 shares traded.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Jefferies Financial Group upgraded shares of Dunelm Group from a "hold" rating to a "strong-buy" rating in a report on Sunday, February 8th. Zacks Research lowered Dunelm Group from a "strong-buy" rating to a "hold" rating in a report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy".

Dunelm Group Stock Down 2.1%

The company has a debt-to-equity ratio of 2.73, a current ratio of 1.04 and a quick ratio of 0.25. The firm's fifty day moving average price is $12.68 and its 200-day moving average price is $14.07.

Dunelm Group Company Profile

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain's leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company's product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.

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