Debenhams Capital (LON:DEBS) Stock Price Down 3.7% – What’s Next?

Debenhams Capital PLC (LON:DEBS)’s stock price dropped 3.7% on Tuesday . The company traded as low as GBX 12.42 and last traded at GBX 12.42. Approximately 3,159,023 shares were traded during trading, a decline of 27% from the average daily volume of 4,335,041 shares. The stock had previously closed at GBX 12.90.

Analyst Ratings Changes

DEBS has been the subject of several research reports. Shore Capital reaffirmed a “hold” rating on shares of Debenhams Capital in a research note on Thursday, August 21st. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Debenhams Capital from GBX 26 to GBX 15 and set a “sell” rating for the company in a research report on Friday, August 1st. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of GBX 15.

Debenhams Capital Price Performance

The stock has a market capitalization of £173.84 million and a price-to-earnings ratio of -0.64. The company’s 50 day simple moving average is GBX 12.64.

Debenhams Capital (LON:DEBS) last posted its quarterly earnings results on Tuesday, August 26th. The company reported GBX (3.34) EPS for the quarter.

Insider Buying and Selling

In other Debenhams Capital news, insider Iain McDonald purchased 250,161 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was acquired at an average price of GBX 13 per share, with a total value of £32,520.93. Also, insider John Goold acquired 200,000 shares of Debenhams Capital stock in a transaction on Wednesday, September 24th. The shares were bought at an average cost of GBX 13 per share, with a total value of £26,000. In the last three months, insiders have acquired 663,042 shares of company stock valued at $206,357,080. 15.03% of the stock is owned by insiders.

About Debenhams Capital

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.