DFS Furniture (LON:DFS) Shares Pass Below 200-Day Moving Average – What’s Next?

DFS Furniture plc (LON:DFSGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.98 and traded as low as GBX 145.50. DFS Furniture shares last traded at GBX 150, with a volume of 251,726 shares changing hands.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 180 price objective on shares of DFS Furniture in a report on Wednesday, July 29th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, DFS Furniture currently has a consensus rating of “Buy” and a consensus target price of GBX 208.33.

Read Our Latest Research Report on DFS

DFS Furniture Trading Up 1.8%

The company has a quick ratio of 0.10, a current ratio of 0.27 and a debt-to-equity ratio of 150.97. The stock’s 50 day moving average price is GBX 135.41 and its 200-day moving average price is GBX 147.98. The stock has a market capitalization of £353.52 million, a PE ratio of 10.18, a PEG ratio of 0.56 and a beta of 1.44.

DFS Furniture Company Profile

(Get Free Report)

DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.

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