Dunelm Group (OTCMKTS:DNLMY) Shares Gap Up – Still a Buy?

Dunelm Group (OTCMKTS:DNLMY) 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 trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research cut 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 given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Dunelm Group Stock Up 5.1%

The company has a debt-to-equity ratio of 2.20, a current ratio of 1.02 and a quick ratio of 0.25. The firm’s fifty day moving average price is $10.93 and its 200-day moving average price is $10.72.

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.