Dunelm Group (OTCMKTS:DNLMY) Shares Gap Up – Should You Buy?

Shares of Dunelm Group (OTCMKTS:DNLMY) gapped up before the market opened on Friday . The stock had previously closed at $12.7875, but opened at $14.31. Dunelm Group shares last traded at $13.78, with a volume of 645 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have commented on DNLMY shares. Royal Bank Of Canada upgraded shares of Dunelm Group from a “hold” rating to a “moderate buy” rating in a report on Monday, November 3rd. Jefferies Financial Group upgraded shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a research note on Sunday, February 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Strong Buy”.

Dunelm Group Price Performance

The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73. The firm has a 50 day moving average price of $14.04 and a 200-day moving average price of $14.80.

About Dunelm Group

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.