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

DFS Furniture plc (LON:DFS) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 126.63 ($1.64) and traded as high as GBX 135 ($1.75). DFS Furniture shares last traded at GBX 132 ($1.71), with a volume of 766,652 shares traded.

DFS Furniture Stock Up 0.8 %

The company’s 50 day moving average price is GBX 126.81 and its two-hundred day moving average price is GBX 119.33. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The stock has a market cap of £313.75 million, a P/E ratio of -6,700.00, a P/E/G ratio of 0.56 and a beta of 1.58.

Insider Activity

In other news, insider Tim Stacey sold 28,400 shares of DFS Furniture stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.72), for a total transaction of £37,772 ($48,984.57). In other news, insider Tim Stacey sold 28,400 shares of DFS Furniture stock in a transaction that occurred on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.72), for a total transaction of £37,772 ($48,984.57). Also, insider Bruce Marsh acquired 30,000 shares of DFS Furniture stock in a transaction that occurred on Thursday, September 26th. The stock was acquired at an average cost of GBX 124 ($1.61) per share, with a total value of £37,200 ($48,242.77). 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.