Colefax Group (LON:CFX) Stock Breaks Below 50 Day Moving Average – Here’s What Happened

Colefax Group PLC (LON:CFX)’s share price crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 1,414.61 and traded as low as GBX 1,300. Colefax Group shares last traded at GBX 1,323, with a volume of 3,818 shares traded.

Colefax Group Stock Down 2.0%

The business has a 50-day simple moving average of GBX 1,414.61 and a two-hundred day simple moving average of GBX 1,323.30. The stock has a market capitalization of £66.14 million, a P/E ratio of 9.40 and a beta of 0.17. The company has a quick ratio of 1.25, a current ratio of 2.34 and a debt-to-equity ratio of 86.80.

Colefax Group (LON:CFX) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 140.70 earnings per share (EPS) for the quarter. Colefax Group had a return on equity of 22.35% and a net margin of 6.69%. Equities research analysts forecast that Colefax Group PLC will post 58.0825752 earnings per share for the current fiscal year.

About Colefax Group

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.