DFS Furniture (LON:DFS) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of DFS Furniture plc (LON:DFS – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 147.98 and traded as low as GBX 145.50. DFS Furniture shares last traded at GBX 150, with a volume of 251,726 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “buy” rating and set a GBX 180 target price on shares of DFS Furniture in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 208.33.

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DFS Furniture Stock Performance

The firm has a 50-day moving average price of GBX 135.41 and a two-hundred day moving average price of GBX 147.98. The firm has a market capitalization of £353.52 million, a P/E ratio of 10.18, a P/E/G ratio of 0.56 and a beta of 1.44. The company has a debt-to-equity ratio of 150.97, a current ratio of 0.27 and a quick ratio of 0.10.

About DFS Furniture

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DFS Group is the leading sofa retail specialist in the UK and since 1969 we’ve been passionate about making and selling high quality, great looking sofas.

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