DFS Furniture (LON:DFS) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of DFS Furniture plc (LON:DFS) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 127.87 ($1.66) and traded as high as GBX 137 ($1.78). DFS Furniture shares last traded at GBX 136.20 ($1.77), with a volume of 286,376 shares changing hands.

DFS Furniture Price Performance

The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The stock has a market capitalization of £302.04 million, a P/E ratio of -6,450.00, a PEG ratio of 0.56 and a beta of 1.58. The stock’s fifty day moving average is GBX 127.95 and its 200-day moving average is GBX 120.18.

Insider Activity

In related news, insider Tim Stacey sold 28,400 shares of DFS Furniture stock in a transaction on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.73), for a total value of £37,772 ($49,169.49). In other DFS Furniture news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.73), for a total value of £37,772 ($49,169.49). Also, insider Bruce Marsh purchased 30,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were acquired at an average price of GBX 124 ($1.61) per share, with a total value of £37,200 ($48,424.89). 11.74% of the stock is currently owned by insiders.

DFS Furniture Company Profile

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.