Dunelm Group (OTCMKTS:DNLMY) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Dunelm Group plc (OTCMKTS:DNLMY)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.67 and traded as low as $12.04. Dunelm Group shares last traded at $12.04, with a volume of 256 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Dunelm Group to a “strong-buy” rating in a report on Friday, October 11th.

Dunelm Group Stock Performance

The business’s 50-day simple moving average is $13.67 and its 200 day simple moving average is $14.42.

About Dunelm Group

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.