DFS Furniture (LON:DFS) Reaches New 1-Year High – Still a Buy?

DFS Furniture plc (LON:DFS) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 145 ($1.76) and last traded at GBX 145 ($1.76), with a volume of 866692 shares traded. The stock had previously closed at GBX 138 ($1.68).

Wall Street Analysts Forecast Growth

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

DFS Furniture Price Performance

The stock’s 50 day moving average price is GBX 138.01 and its 200-day moving average price is GBX 128.49. The company has a quick ratio of 0.10, a current ratio of 0.35 and a debt-to-equity ratio of 258.38. The stock has a market capitalization of £339.50 million, a PE ratio of -7,250.00, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.

Insider Activity at DFS Furniture

In other news, insider Tim Stacey sold 28,400 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of GBX 133 ($1.62), for a total transaction of £37,772 ($45,956.93). 11.74% of the stock is currently owned by company 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.