Dunelm Group (OTCMKTS:DNLMY) Upgraded at Zacks Research

Zacks Research upgraded shares of Dunelm Group (OTCMKTS:DNLMY) from a hold rating to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

Several other brokerages have also weighed in on DNLMY. Royal Bank Of Canada upgraded shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 3rd. Jefferies Financial Group raised Dunelm Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat.com, Dunelm Group has a consensus rating of “Strong Buy”.

Dunelm Group Trading Up 8.6%

OTCMKTS DNLMY opened at $13.80 on Thursday. The stock’s 50-day moving average price is $14.02 and its two-hundred day moving average price is $14.77. Dunelm Group has a 1 year low of $12.71 and a 1 year high of $17.25. The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.25 and a current ratio of 1.04.

About Dunelm Group

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.