Dunelm Group (OTCMKTS:DNLMY) Stock Price Down 6% – Time to Sell?

Dunelm Group plc (OTCMKTS:DNLMY)’s stock price fell 6% during mid-day trading on Friday . The company traded as low as $12.37 and last traded at $12.37. 175 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 381 shares. The stock had previously closed at $13.15.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. UBS Group raised Dunelm Group to a “strong-buy” rating in a report on Friday, October 11th. Canaccord Genuity Group upgraded Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th. Finally, Berenberg Bank upgraded shares of Dunelm Group to a “strong-buy” rating in a research report on Tuesday, September 17th.

Dunelm Group Price Performance

The company’s 50 day simple moving average is $14.01 and its 200-day simple moving average is $14.47.

About Dunelm Group

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.