Colefax Group (LON:CFX) Shares Pass Below 50-Day Moving Average – Here’s Why

Colefax Group PLC (LON:CFXGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,404.01 and traded as low as GBX 1,400. Colefax Group shares last traded at GBX 1,400, with a volume of 1,957 shares.

Colefax Group Price Performance

The firm has a fifty day moving average price of GBX 1,404.01 and a two-hundred day moving average price of GBX 1,217. The company has a quick ratio of 1.25, a current ratio of 1.98 and a debt-to-equity ratio of 73.75. The stock has a market capitalization of £69.99 million, a P/E ratio of 11.50 and a beta of 0.19.

About Colefax Group

(Get Free Report)

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.

Further Reading

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