Dunelm Group (OTCMKTS:DNLMY) Sets New 52-Week High – Time to Buy?

Dunelm Group plc (OTCMKTS:DNLMY)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $15.95 and last traded at $15.95, with a volume of 0 shares changing hands. The stock had previously closed at $15.95.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on DNLMY shares. Canaccord Genuity Group raised Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. UBS Group raised shares of Dunelm Group to a “strong-buy” rating in a research report on Friday, October 11th. Finally, Berenberg Bank upgraded shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th.

Dunelm Group Stock Performance

The business has a fifty day moving average price of $15.29 and a 200 day moving average price of $14.34.

Dunelm Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, December 11th. Stockholders of record on Friday, November 1st will be given a dividend of $0.3148 per share. The ex-dividend date is Friday, November 1st. This is a boost from Dunelm Group’s previous dividend of $0.18.

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.