Dunelm Group (OTCMKTS:DNLMY) Stock Price Down 3.4% – Should You Sell?

Dunelm Group plc (OTCMKTS:DNLMY) fell 3.4% on Thursday . The stock traded as low as $12.56 and last traded at $12.56. 10 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 1,420 shares. The stock had previously closed at $13.00.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a report on Tuesday, February 4th.

Dunelm Group Stock Up 3.5 %

The firm’s 50 day simple moving average is $12.58 and its two-hundred day simple moving average is $14.06.

Dunelm Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, April 23rd. Shareholders of record on Friday, March 14th will be issued a $0.3703 dividend. This is a positive change from Dunelm Group’s previous dividend of $0.31. The ex-dividend date is Friday, March 14th.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid’s bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.