Debenhams Capital (LON:DEBS) Stock Price Down 3.7% – Should You Sell?

Debenhams Capital PLC (LON:DEBS)’s share price dropped 3.7% during trading on Tuesday . The stock traded as low as GBX 12.42 and last traded at GBX 12.42. Approximately 3,159,023 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 4,335,041 shares. The stock had previously closed at GBX 12.90.

Analysts Set New Price Targets

Several analysts recently weighed in on DEBS shares. Shore Capital reissued a “hold” rating on shares of Debenhams Capital in a report on Thursday, August 21st. Deutsche Bank Aktiengesellschaft lowered their price objective on Debenhams Capital from GBX 26 to GBX 15 and set a “sell” rating on the stock in a research report on Friday, August 1st. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Debenhams Capital currently has a consensus rating of “Reduce” and a consensus price target of GBX 15.

Debenhams Capital Stock Performance

The business has a 50-day moving average of GBX 12.64. The company has a market capitalization of £173.84 million and a price-to-earnings ratio of -0.64.

Debenhams Capital (LON:DEBS) last announced its quarterly earnings data on Tuesday, August 26th. The company reported GBX (3.34) earnings per share for the quarter.

Insider Buying and Selling

In other news, insider Iain McDonald purchased 50,000 shares of the business’s stock in a transaction dated Monday, September 22nd. The stock was bought at an average price of GBX 13 per share, with a total value of £6,500. Also, insider Phil Ellis purchased 162,881 shares of Debenhams Capital stock in a transaction that occurred on Monday, September 29th. The shares were purchased at an average price of GBX 1,227 per share, for a total transaction of £1,998,549.87. Insiders bought 663,042 shares of company stock valued at $206,357,080 over the last quarter. 15.03% of the stock is owned by company insiders.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.