DFS Furniture (LON:DFS) Hits New 12-Month High – Still a Buy?

DFS Furniture plc (LON:DFS) shares hit a new 52-week high on Wednesday . The stock traded as high as GBX 135.40 ($1.77) and last traded at GBX 132.60 ($1.74), with a volume of 1817968 shares traded. The stock had previously closed at GBX 134 ($1.75).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating on shares of DFS Furniture in a report on Wednesday, June 12th.

DFS Furniture Stock Down 1.0 %

The firm has a market cap of £310.47 million, a PE ratio of -6,630.00, a PEG ratio of 0.56 and a beta of 1.58. The business’s 50 day moving average price is GBX 122.24 and its 200 day moving average price is GBX 116.40. The company has a debt-to-equity ratio of 258.38, a current ratio of 0.35 and a quick ratio of 0.10.

Insider Buying and Selling at DFS Furniture

In other news, insider Bruce Marsh acquired 30,000 shares of DFS Furniture stock in a transaction that occurred on Thursday, September 26th. The stock was purchased at an average cost of GBX 124 ($1.62) per share, with a total value of £37,200 ($48,684.73). Insiders own 11.74% of the company’s stock.

About DFS Furniture

DFS Furniture plc designs, manufactures, sells, delivers, installs, and retails upholstered furniture in the United Kingdom and the Republic of Ireland. The company retails sofas under the DFS and Sofology brand names. It also engages in the manufacture of upholstered furniture and the supply of contract logistics.