Dunelm Group (OTCMKTS:DNLMY) Reaches New 52-Week Low – Should You Sell?

Dunelm Group (OTCMKTS:DNLMY) shares reached a new 52-week low on Monday . The company traded as low as $12.70 and last traded at $12.70, with a volume of 2000 shares traded. The stock had previously closed at $14.18.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Royal Bank Of Canada upgraded shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 3rd. Jefferies Financial Group raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. Finally, Zacks Research raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Strong Buy”.

Dunelm Group Price Performance

The company has a debt-to-equity ratio of 2.73, a quick ratio of 0.25 and a current ratio of 1.04. The company’s 50-day moving average is $13.90 and its two-hundred day moving average is $14.68.

Dunelm Group Company Profile

Dunelm Group plc is a UK‐based home furnishings retailer known for its extensive network of stores and growing online presence. Founded in 1979 in Leicester by Ron and David Garlick, the company has grown from a single market stall to become one of Britain’s leading specialists in home accessories, textiles and furniture. Headquartered in Syston, Leicestershire, Dunelm operates over 170 stores across England, Scotland, Wales and Northern Ireland, serving a broad customer base with a focus on value, quality and design.

The company’s product range spans soft furnishings such as bedding, curtains, blinds and cushions, as well as furniture items for living rooms, dining rooms and bedrooms.