Dunelm Group (LON:DNLM) Stock Crosses Above 200-Day Moving Average of $1,121.86

Dunelm Group plc (LON:DNLM - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1,121.86 ($15.01) and traded as high as GBX 1,165.56 ($15.59). Dunelm Group shares last traded at GBX 1,148 ($15.36), with a volume of 180,008 shares traded.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Berenberg Bank raised their price objective on Dunelm Group from GBX 1,410 ($18.86) to GBX 1,470 ($19.66) and gave the company a "buy" rating in a research report on Tuesday, September 17th. JPMorgan Chase & Co. increased their target price on shares of Dunelm Group from GBX 1,140 ($15.25) to GBX 1,170 ($15.65) and gave the stock a "neutral" rating in a report on Tuesday, September 24th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 1,325 ($17.72) price target on shares of Dunelm Group in a research report on Tuesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 1,060 ($14.18) price objective on shares of Dunelm Group in a research report on Thursday, September 12th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of GBX 1,220.83 ($16.33).

Dunelm Group Stock Performance

The stock has a market capitalization of £2.29 billion, a P/E ratio of 1,551.35, a PEG ratio of -10.32 and a beta of 1.18. The business has a 50-day moving average price of GBX 1,213.27 and a 200 day moving average price of GBX 1,121.86. The company has a debt-to-equity ratio of 236.84, a quick ratio of 0.16 and a current ratio of 1.04.

Dunelm Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Thursday, October 31st will be paid a GBX 27.50 ($0.37) dividend. The ex-dividend date of this dividend is Thursday, October 31st. This represents a dividend yield of 2.23%. Dunelm Group's dividend payout ratio (DPR) is currently 5,945.95%.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid's bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.