DFS Furniture (LON:DFS) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

DFS Furniture plc (LON:DFS)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 139.09 ($1.73) and traded as high as GBX 142 ($1.77). DFS Furniture shares last traded at GBX 139 ($1.73), with a volume of 18,026 shares trading hands.

Analysts Set New Price Targets

DFS has been the topic of several research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 185 ($2.30) target price on shares of DFS Furniture in a research report on Monday, January 27th. Shore Capital reaffirmed a “not rated” rating on shares of DFS Furniture in a research report on Friday, November 22nd.

DFS Furniture Price Performance

The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The stock has a 50-day moving average of GBX 139.09 and a 200-day moving average of GBX 131.30. The firm has a market cap of £325.45 million, a price-to-earnings ratio of -6,950.00, a P/E/G ratio of 0.56 and a beta of 1.58.

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.