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

Dunelm Group (OTCMKTS:DNLMY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $13.5625, but opened at $14.2768. Dunelm Group shares last traded at $13.76, with a volume of 520 shares.

Analysts Set New Price Targets

DNLMY has been the subject of several recent analyst reports. Jefferies Financial Group upgraded Dunelm Group from a “hold” rating to a “strong-buy” rating in a report on Sunday, February 8th. 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. Finally, Zacks Research raised shares of Dunelm Group from a “hold” rating to a “strong-buy” rating in a research 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 company’s stock. Based on data from MarketBeat, Dunelm Group currently has a consensus rating of “Strong Buy”.

Dunelm Group Trading Up 1.8%

The stock’s fifty day moving average price is $13.87 and its 200-day moving average price is $14.67. The company has a quick ratio of 0.25, a current ratio of 1.04 and a debt-to-equity ratio of 2.73.

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.