Dunelm Group (LON:DNLM) Stock Price Passes Above 200-Day Moving Average of $1,142.08

Dunelm Group plc (LON:DNLM)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,142.08 ($14.40) and traded as high as GBX 1,156 ($14.57). Dunelm Group shares last traded at GBX 1,140 ($14.37), with a volume of 88,807 shares.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada lowered shares of Dunelm Group to an “underperform” rating and decreased their price target for the stock from GBX 1,300 ($16.39) to GBX 1,000 ($12.61) in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 1,226 ($15.45).

Dunelm Group Price Performance

The stock’s 50-day moving average is GBX 1,114.48 and its 200 day moving average is GBX 1,142.08. The stock has a market capitalization of £2.30 billion, a PE ratio of 1,540.54, a P/E/G ratio of -10.32 and a beta of 1.11. The company has a quick ratio of 0.16, a current ratio of 1.06 and a debt-to-equity ratio of 144.86.

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 chairs; 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.