Colefax Group (LON:CFX) Share Price Breaks Below 50-Day Moving Average – What’s Next?

Colefax Group PLC (LON:CFX)’s share price crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 1,387.70 and traded as low as GBX 1,322. Colefax Group shares last traded at GBX 1,322, with a volume of 2,024 shares.

Colefax Group Price Performance

The company has a current ratio of 2.34, a quick ratio of 1.25 and a debt-to-equity ratio of 86.80. The firm has a market cap of £67.24 million, a PE ratio of 9.56 and a beta of 0.17. The stock has a 50 day simple moving average of GBX 1,387.70 and a 200-day simple moving average of GBX 1,350.12.

Colefax Group (LON:CFX) last posted its quarterly earnings results on Friday, July 31st. The company reported GBX 140.70 EPS for the quarter. Colefax Group had a return on equity of 22.35% and a net margin of 6.69%. Equities analysts anticipate that Colefax Group PLC will post 58.08 earnings per share for the current fiscal year.

Colefax Group Company Profile

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.