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 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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