Dunelm Group (OTCMKTS:DNLMY) Raised to “Strong-Buy” at Zacks Research

Dunelm Group (OTCMKTS:DNLMY) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

DNLMY has been the subject of a number of other reports. Jefferies Financial Group upgraded shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Royal Bank Of Canada raised shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Dunelm Group Price Performance

Shares of OTCMKTS:DNLMY opened at $13.80 on Thursday. The company has a current ratio of 1.04, a quick ratio of 0.25 and a debt-to-equity ratio of 2.73. Dunelm Group has a 12-month low of $12.71 and a 12-month high of $17.25. The business’s fifty day simple moving average is $14.02 and its 200-day simple moving average is $14.78.

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.