DFS Furniture (LON:DFS) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

DFS Furniture plc (LON:DFS - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 135.16 ($1.73) and traded as low as GBX 126 ($1.61). DFS Furniture shares last traded at GBX 133 ($1.70), with a volume of 855,566 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 185 ($2.36) price target on shares of DFS Furniture in a research note on Monday, January 27th.

DFS Furniture Stock Up 4.0 %

The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The firm has a market capitalization of £301.88 million, a P/E ratio of -70.14, a P/E/G ratio of 0.56 and a beta of 1.58. The stock's 50-day simple moving average is GBX 135.86 and its 200-day simple moving average is GBX 135.44.

DFS Furniture (LON:DFS - Get Free Report) last released its earnings results on Thursday, March 13th. The company reported GBX 5.30 ($0.07) earnings per share (EPS) for the quarter. DFS Furniture had a negative return on equity of 1.90% and a negative net margin of 0.45%. As a group, research analysts predict that DFS Furniture plc will post 7.25545 earnings per share for the current fiscal year.

DFS Furniture Company Profile

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.