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

DFS Furniture plc (LON:DFS - Get Free Report) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 139.09 ($1.75) and traded as high as GBX 142 ($1.79). DFS Furniture shares last traded at GBX 139 ($1.75), with a volume of 18,026 shares changing hands.

Analysts Set New Price Targets

DFS has been the topic of several recent research reports. Berenberg Bank reissued a "buy" rating and issued a GBX 185 ($2.33) price target on shares of DFS Furniture in a research note on Monday, January 27th. Shore Capital reissued a "not rated" rating on shares of DFS Furniture in a research note on Friday, November 22nd.

DFS Furniture Price Performance

The company has a 50 day simple moving average of GBX 139.06 and a 200-day simple moving average of GBX 131.78. The stock has a market cap of £320.32 million, a price-to-earnings ratio of -74.43, a P/E/G ratio of 0.56 and a beta of 1.58. The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38.

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.