Dunelm Group (OTCMKTS:DNLMY) Hits New 52-Week Low – Time to Sell?

Dunelm Group (OTCMKTS:DNLMY)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $10.98 and last traded at $10.98, with a volume of 600 shares. The stock had previously closed at $11.53.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DNLMY. Zacks Research downgraded Dunelm Group from a “strong-buy” rating to a “hold” rating in a report on Friday, March 13th. Jefferies Financial Group upgraded Dunelm Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dunelm Group currently has a consensus rating of “Buy”.

Dunelm Group Trading Up 9.3%

The stock has a 50 day moving average of $13.14 and a 200 day moving average of $14.30. The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73.

Dunelm Group Company Profile

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.