DFS Furniture (LON:DFS) Shares Pass Above 50-Day Moving Average of $118.45

Shares of 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 118.45 ($1.56) and traded as high as GBX 123.80 ($1.63). DFS Furniture shares last traded at GBX 119.80 ($1.58), with a volume of 15,869 shares trading hands.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating on shares of DFS Furniture in a research report on Wednesday, June 12th.

DFS Furniture Stock Performance

The company’s fifty day simple moving average is GBX 118.86 and its two-hundred day simple moving average is GBX 115.78. The company has a debt-to-equity ratio of 239.47, a quick ratio of 0.10 and a current ratio of 0.23. The stock has a market capitalization of £282.84 million, a P/E ratio of 1,510.00, a PEG ratio of 0.56 and a beta of 1.59.

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.