DFS Furniture (LON:DFS) Stock Crosses Above Fifty Day Moving Average – Here’s Why

DFS Furniture plc (LON:DFS) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 137.80 ($1.69) and traded as high as GBX 138.80 ($1.70). DFS Furniture shares last traded at GBX 131 ($1.60), with a volume of 240,880 shares trading hands.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “not rated” rating on shares of DFS Furniture in a report on Friday, November 22nd.

DFS Furniture Stock Performance

The firm has a market cap of £312.81 million, a P/E ratio of -6,680.00, a PEG ratio of 0.56 and a beta of 1.58. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The firm has a fifty day moving average of GBX 137.77 and a 200-day moving average of GBX 128.06.

Insider Activity

In other DFS Furniture news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.63), for a total transaction of £37,772 ($46,232.56). Insiders own 11.74% of the company’s stock.

About DFS Furniture

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.