DFS Furniture (LON:DFS) Hits New 52-Week High – Here’s What Happened

Shares of DFS Furniture plc (LON:DFS) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 139.60 ($1.82) and last traded at GBX 139 ($1.82), with a volume of 95663 shares. The stock had previously closed at GBX 136.40 ($1.78).

DFS Furniture Stock Up 1.9 %

The business’s 50 day moving average is GBX 123.41 and its 200-day moving average is GBX 116.98. The firm has a market capitalization of £325.45 million, a price-to-earnings ratio of -6,950.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58. The company has a debt-to-equity ratio of 258.38, a quick ratio of 0.10 and a current ratio of 0.35.

Insider Transactions at DFS Furniture

In related news, insider Bruce Marsh bought 30,000 shares of the company’s stock in a transaction dated Thursday, September 26th. The stock was purchased at an average price of GBX 124 ($1.62) per share, with a total value of £37,200 ($48,576.65). 11.74% of the stock is currently owned by insiders.

DFS Furniture Company Profile

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.