Dunelm Group (OTCMKTS:DNLMY) Reaches New 1-Year Low – Time to Sell?

Dunelm Group plc (OTCMKTS:DNLMY) hit a new 52-week low on Thursday . The company traded as low as $13.15 and last traded at $13.15, with a volume of 263 shares. The stock had previously closed at $13.97.

Wall Street Analyst Weigh In

DNLMY has been the topic of several recent research reports. UBS Group raised shares of Dunelm Group to a “strong-buy” rating in a report on Friday, October 11th. Berenberg Bank raised shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. Finally, Canaccord Genuity Group upgraded shares of Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th.

Dunelm Group Stock Performance

The stock has a 50 day moving average price of $14.94 and a 200 day moving average price of $14.57.

Dunelm Group Increases Dividend

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

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.