DFS Furniture (LON:DFS) Stock Passes Above 50 Day Moving Average – What’s Next?

DFS Furniture plc (LON:DFS) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 127.87 ($1.66) and traded as high as GBX 137 ($1.78). DFS Furniture shares last traded at GBX 136.20 ($1.77), with a volume of 286,376 shares traded.

DFS Furniture Stock Down 5.3 %

The company has a market capitalization of £302.04 million, a price-to-earnings ratio of -6,450.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The business has a 50-day moving average price of GBX 127.95 and a 200-day moving average price of GBX 120.18.

Insider Buying and Selling at DFS Furniture

In other news, insider Bruce Marsh bought 30,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The shares were acquired at an average cost of GBX 124 ($1.61) per share, with a total value of £37,200 ($48,424.89). In other news, insider Tim Stacey sold 28,400 shares of the stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.73), for a total value of £37,772 ($49,169.49). Also, insider Bruce Marsh acquired 30,000 shares of the company’s stock in a transaction on Thursday, September 26th. The stock was bought at an average price of GBX 124 ($1.61) per share, for a total transaction of £37,200 ($48,424.89). 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.