home24 (ETR:H24) Shares Cross Above 50 Day Moving Average of $16.16

home24 SE (ETR:H24) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of €16.16 ($19.01) and traded as high as €16.68 ($19.62). home24 shares last traded at €16.08 ($18.92), with a volume of 55,271 shares changing hands.

Separately, Berenberg Bank set a €33.00 ($38.82) price target on shares of home24 in a research note on Tuesday, August 24th.

The stock’s 50-day simple moving average is €16.16 and its 200-day simple moving average is €17.12. The stock has a market cap of $469.12 million and a price-to-earnings ratio of -24.40. The company has a current ratio of 2.53, a quick ratio of 1.84 and a debt-to-equity ratio of 21.26.

home24 Company Profile (ETR:H24)

home24 SE, together with its subsidiaries, markets, sells, and ships furniture and home furnishings in Europe and Brazil. It offers living, dining, and bedroom, upholstered, and garden furniture; mattresses; lighting products; and lamps and accessories. The company sells its products under the Studio Copenhagen, ARS NATURA, MORTEENS, ars MANUFACTI, Masion Belfort, fredriks, home24, and Mobly brand names.

Further Reading: Forex

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