Dunelm Group (OTCMKTS:DNLMY) Stock Price Down 3.2% - Should You Sell?

Key Points

• Dunelm Group's stock price decreased by 3.2%, trading at $15.58 on Wednesday, with a significant increase in trading volume to 1,601 shares.
• Royal Bank Of Canada downgraded Dunelm Group from a "moderate buy" to a "hold" rating in a recent research report.
• The company’s 50-day and 200-day moving averages are $16.10 and $15.16, respectively, indicating potential market trends.

Shares of Dunelm Group (OTCMKTS:DNLMY - Get Free Report) fell 3.2% on Wednesday . The stock traded as low as $15.58 and last traded at $15.58. 1,601 shares changed hands during trading, an increase of 720% from the average session volume of 195 shares. The stock had previously closed at $16.10.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada cut Dunelm Group from a "moderate buy" rating to a "hold" rating in a research report on Monday, June 9th.

Dunelm Group Stock Down 3.2%

The firm has a 50-day moving average of $16.10 and a 200 day moving average of $15.16. The company has a current ratio of 0.87, a quick ratio of 0.26 and a debt-to-equity ratio of 1.05.

About Dunelm Group

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.

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