DFS Furniture (LON:DFS) Share Price Passes Above 50-Day Moving Average - Here's Why

DFS Furniture plc (LON:DFS - Get Free Report) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 137.80 ($1.68) and traded as high as GBX 138.80 ($1.69). DFS Furniture shares last traded at GBX 131 ($1.60), with a volume of 240,880 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "not rated" rating on shares of DFS Furniture in a report on Friday, November 22nd.

DFS Furniture Trading Up 3.2 %

The company has a market capitalization of £316.56 million, a price-to-earnings ratio of -6,760.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The business has a fifty day moving average price of GBX 137.80 and a 200 day moving average price of GBX 127.90. The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10.

Insider Transactions at DFS Furniture

In other news, insider Tim Stacey sold 28,400 shares of the business's stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.62), for a total transaction of £37,772 ($46,114.03). Corporate insiders own 11.74% of the company's stock.

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.