Dunelm Group (OTCMKTS:DNLMY) Shares Gap Down – What’s Next?
by Danessa Lincoln · The Markets DailyDunelm Group (OTCMKTS:DNLMY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $12.00, but opened at $11.17. Dunelm Group shares last traded at $11.17, with a volume of 243 shares changing hands.
Wall Street Analyst Weigh In
DNLMY has been the topic of a number of research analyst reports. Jefferies Financial Group upgraded Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Zacks Research downgraded shares of Dunelm Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 13th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy”.
Read Our Latest Research Report on Dunelm Group
Dunelm Group Price Performance
The business has a 50-day moving average of $12.61 and a 200 day moving average of $14.00. The company has a debt-to-equity ratio of 2.73, a current ratio of 1.04 and a quick ratio of 0.25.
Dunelm Group Company Profile
Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.
The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.