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

DFS Furniture plc (LON:DFS) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 145 ($1.85) and last traded at GBX 145 ($1.85), with a volume of 53189 shares trading hands. The stock had previously closed at GBX 143.40 ($1.83).

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “not rated” rating on shares of DFS Furniture in a research note on Friday, November 22nd.

DFS Furniture Price Performance

The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10. The business’s 50 day moving average price is GBX 134.49 and its 200 day moving average price is GBX 123.12. The stock has a market capitalization of £339.50 million, a P/E ratio of -7,170.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.

Insider Activity at DFS Furniture

In other DFS Furniture news, insider Tim Stacey sold 28,400 shares of DFS Furniture stock in a transaction on Monday, October 21st. The shares were sold at an average price of GBX 133 ($1.70), for a total value of £37,772 ($48,147.86). Also, insider Bruce Marsh bought 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 26th. The stock was purchased at an average price of GBX 124 ($1.58) per share, for a total transaction of £37,200 ($47,418.74). 11.74% of the stock is currently owned by corporate insiders.

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.