Dunelm Group (OTCMKTS:DNLMY) Shares Gap Down – Here’s What Happened

Dunelm Group (OTCMKTS:DNLMY) gapped down before the market opened on Thursday. The stock had previously closed at $12.48, but opened at $11.50. Dunelm Group shares last traded at $11.50, with a volume of 100 shares.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Dunelm Group from a “hold” rating to a “strong sell” rating in a report on Friday, September 11th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dunelm Group currently has an average rating of “Moderate Buy”.

Dunelm Group Stock Down 7.9%

The company has a fifty day moving average of $11.09 and a two-hundred day moving average of $11.38. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.25 and a current ratio of 1.02.

About Dunelm Group

Dunelm Group plc is a United Kingdom-based homewares retailer that sells products for furnishing, decorating and improving the home. Its range includes furniture, bedding, curtains, blinds, kitchenware, lighting, home décor, storage products, bathroom accessories and garden items, with products offered under the Dunelm brand and selected specialist or own-label ranges.

The company serves customers through a nationwide network of stores and its digital retail platform. Dunelm also provides services such as home delivery, click-and-collect and made-to-measure curtains and blinds.