Dunelm Group (OTCMKTS:DNLMY) Stock Price Down 3.4% – Here’s What Happened

Dunelm Group plc (OTCMKTS:DNLMY)’s stock price traded down 3.4% during mid-day trading on Thursday . The stock traded as low as $12.56 and last traded at $12.56. 10 shares were traded during trading, a decline of 99% from the average session volume of 1,420 shares. The stock had previously closed at $13.00.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised Dunelm Group from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, February 4th.

Dunelm Group Price Performance

The stock has a 50 day moving average price of $12.56 and a two-hundred day moving average price of $14.07.

Dunelm Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, April 23rd. Investors of record on Friday, March 14th will be paid a dividend of $0.3703 per share. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Dunelm Group’s previous dividend of $0.31.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid’s bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.