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

DFS Furniture plc (LON:DFS)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 137.77 ($1.71) and traded as high as GBX 142 ($1.76). DFS Furniture shares last traded at GBX 141.60 ($1.76), with a volume of 29,692 shares trading hands.

Analyst Ratings Changes

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

DFS Furniture Trading Up 0.6 %

The business has a 50 day moving average of GBX 137.77 and a two-hundred day moving average of GBX 126.81. The firm has a market capitalization of £331.54 million, a price-to-earnings ratio of -7,080.00, a P/E/G ratio of 0.56 and a beta of 1.58. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35.

Insider Activity

In other DFS Furniture news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.65), for a total value of £37,772 ($46,921.74). Corporate 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.