Dunelm Group (OTCMKTS:DNLMY) Reaches New 52-Week Low – Here’s What Happened

Shares of Dunelm Group (OTCMKTS:DNLMY) hit a new 52-week low on Wednesday . The company traded as low as $12.18 and last traded at $12.86, with a volume of 1613 shares changing hands. The stock had previously closed at $13.52.

Analyst Ratings Changes

A number of equities research analysts have issued reports on DNLMY shares. Jefferies Financial Group raised Dunelm Group from a “hold” rating to a “strong-buy” rating in a research report on Sunday, February 8th. Zacks Research raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Strong Buy”.

Dunelm Group Stock Performance

The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73. The company has a 50-day simple moving average of $13.63 and a 200 day simple moving average of $14.56.

About Dunelm Group

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.