Dunelm Group (OTCMKTS:DNLMY) Sets New 52-Week Low – Here’s Why

Dunelm Group plc (OTCMKTS:DNLMY)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $13.15 and last traded at $13.15, with a volume of 263 shares changing hands. The stock had previously closed at $13.97.

Wall Street Analyst Weigh In

DNLMY has been the subject of a number of recent research reports. UBS Group upgraded Dunelm Group to a “strong-buy” rating in a research note on Friday, October 11th. Canaccord Genuity Group upgraded shares of Dunelm Group to a “strong-buy” rating in a research note on Tuesday, September 17th. Finally, Berenberg Bank upgraded shares of Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th.

Dunelm Group Price Performance

The company has a 50 day moving average of $14.84 and a two-hundred day moving average of $14.55.

Dunelm Group Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, December 11th. Investors of record on Friday, November 1st were paid a $0.3148 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Dunelm Group’s previous dividend of $0.18.

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.