DFS Furniture (LON:DFS) Stock Crosses Above Fifty Day Moving Average – Here’s Why

DFS Furniture plc (LON:DFS) passed above its 50-day moving average during trading on Thursday . The stock has a 50-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.

DFS Furniture Stock Down 0.9 %

The company has a market capitalization of £316.09 million, a P/E ratio of -6,810.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The company has a current ratio of 0.35, a quick ratio of 0.10 and a debt-to-equity ratio of 258.38. The stock’s fifty day moving average is GBX 127.87 and its 200 day moving average is GBX 120.12.

Insider Activity

In related news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction dated Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.73), for a total value of £37,772 ($49,169.49). In related news, insider Tim Stacey sold 28,400 shares of the firm’s stock in a transaction on Monday, October 21st. The stock was 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 DFS Furniture stock in a transaction on Thursday, September 26th. The shares were bought at an average cost 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.

About DFS Furniture

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.