Colefax Group (LON:CFX) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Colefax Group PLC (LON:CFX) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,435.83 and traded as high as GBX 1,480. Colefax Group shares last traded at GBX 1,411, with a volume of 3,152 shares traded.

Colefax Group Stock Up 1.0%

The stock has a market cap of £72.74 million, a P/E ratio of 10.34 and a beta of 0.18. The firm has a 50 day simple moving average of GBX 1,437.39 and a 200-day simple moving average of GBX 1,274.47. The company has a quick ratio of 1.25, a current ratio of 2.34 and a debt-to-equity ratio of 86.80.

Colefax Group (LON:CFX) last issued its 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%. On average, equities research analysts forecast that Colefax Group PLC will post 58.0825752 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.