Debenhams Capital (LON:DEBS) Trading Down 0.1% – Should You Sell?

Shares of Debenhams Capital PLC (LON:DEBS) were down 0.1% during mid-day trading on Tuesday . The stock traded as low as GBX 21.65 and last traded at GBX 22.05. 1,572,145 shares were traded during trading, a decline of 60% from the average session volume of 3,912,914 shares. The stock had previously closed at GBX 22.07.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group restated a “buy” rating and issued a GBX 35 price target on shares of Debenhams Capital in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 27.50.

Debenhams Capital Stock Up 2.1%

The company has a market capitalization of £346.06 million and a price-to-earnings ratio of -2.84. The stock’s 50-day simple moving average is GBX 22.88 and its two-hundred day simple moving average is GBX 20.60.

Debenhams Capital (LON:DEBS) last released its earnings results on Tuesday, June 16th. The company reported GBX (2.36) EPS for the quarter. The firm had revenue of £917 million for the quarter.

Debenhams Capital Company Profile

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.