DFS Furniture (LON:DFS) Share Price Passes Above 50 Day Moving Average - Time to Sell?

DFS Furniture plc (LON:DFS - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 138.58 ($1.79) and traded as high as GBX 139 ($1.79). DFS Furniture shares last traded at GBX 132 ($1.70), with a volume of 179,622 shares changing hands.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Berenberg Bank reaffirmed a "buy" rating and set a GBX 185 ($2.38) target price on shares of DFS Furniture in a research report on Monday, January 27th. Shore Capital restated a "not rated" rating on shares of DFS Furniture in a report on Friday, November 22nd.

DFS Furniture Price Performance

The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The stock has a market capitalization of £307.41 million, a PE ratio of -71.43, a P/E/G ratio of 0.56 and a beta of 1.58. The stock's fifty day moving average is GBX 137.75 and its 200-day moving average is GBX 133.46.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.