Dunelm Group (OTCMKTS:DNLMY) Shares Pass Below 50 Day Moving Average – Time to Sell?

Dunelm Group plc (OTCMKTS:DNLMYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.62 and traded as low as $12.56. Dunelm Group shares last traded at $12.56, with a volume of 2 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Dunelm Group

Dunelm Group Stock Down 3.4 %

The stock’s fifty day simple moving average is $12.64 and its 200 day simple moving average is $13.97.

Dunelm Group Increases Dividend

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

About Dunelm Group

(Get Free Report)

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.

Further Reading

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