Dunelm Group (OTCMKTS:DNLMY) Shares Gap Up – What’s Next?

Dunelm Group (OTCMKTS:DNLMY)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $11.8767, but opened at $12.48. Dunelm Group shares last traded at $12.48, with a volume of 211 shares changing hands.

Wall Street Analysts Forecast Growth

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

Dunelm Group Stock Performance

The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.25 and a current ratio of 1.02. The stock’s 50 day simple moving average is $10.96 and its two-hundred day simple moving average is $10.74.

Dunelm Group Company Profile

Dunelm Group plc is a United Kingdom-based homewares retailer that operates stores and an online retail platform. The company sells a broad range of products for the home, including furniture, bedding, curtains, blinds, cushions, rugs, kitchenware, bathroom accessories, lighting, and decorative items.

Dunelm also provides made-to-measure curtains and blinds, as well as home delivery, collection, and related customer services. Its product offering includes both Dunelm-branded merchandise and products from selected third-party brands.

The company was founded in Leicester in 1979 by Bill and Jean Adderley, initially operating as a curtain and textiles business.