Dunelm Group (OTCMKTS:DNLMY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Dunelm Group plc (OTCMKTS:DNLMY) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $13.67 and traded as low as $12.04. Dunelm Group shares last traded at $12.04, with a volume of 256 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised Dunelm Group to a “strong-buy” rating in a research note on Friday, October 11th.

Dunelm Group Stock Down 2.6 %

The business has a 50 day moving average price of $13.67 and a 200-day moving average price of $14.42.

Dunelm Group Company Profile

Dunelm Group plc retails homewares in the United Kingdom. The company offers furniture and beds products, which include bedroom, living room, dining room, and other furniture, as well as bed and mattresses, and sofas and armchairs; bedding products comprising bed linen, dorma, baby and kid’s bedding, and duvets, pillows, and protectors; curtains and rugs; and venetian, roller, roman, vertical, and made to measure blinds.