Colefax Group (LON:CFX) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Colefax Group PLC (LON:CFX) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,107.56 and traded as low as GBX 1,070. Colefax Group shares last traded at GBX 1,120, with a volume of 1,001 shares.

Colefax Group Stock Up 2.3%

The company has a debt-to-equity ratio of 73.75, a quick ratio of 1.25 and a current ratio of 1.98. The firm has a market capitalization of £57.86 million, a P/E ratio of 9.20 and a beta of 0.17. The stock has a fifty day moving average price of GBX 1,107.56 and a two-hundred day moving average price of GBX 989.92.

Colefax Group (LON:CFX) last announced its quarterly earnings data on Wednesday, January 28th. The company reported GBX 66.50 earnings per share (EPS) for the quarter. Colefax Group had a return on equity of 20.89% and a net margin of 6.13%. Research analysts forecast that Colefax Group PLC will post 58.0825752 EPS for the current year.

Colefax Group Company Profile

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.