Dixons Carphone (LON:DC) Share Price Passes Above Fifty Day Moving Average of $112.74
Dixons Carphone PLC (LON:DC)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $112.74 and traded as high as $123.72. Dixons Carphone shares last traded at $122.00, with a volume of 2,460,905 shares.
A number of equities analysts have commented on the stock. Barclays dropped their price objective on shares of Dixons Carphone from GBX 175 ($2.29) to GBX 130 ($1.70) and set an “overweight” rating for the company in a research note on Friday, June 21st. UBS Group reissued a “buy” rating and issued a GBX 200 ($2.61) price objective on shares of Dixons Carphone in a research note on Thursday, September 5th. Credit Suisse Group dropped their price objective on shares of Dixons Carphone from GBX 150 ($1.96) to GBX 125 ($1.63) and set a “neutral” rating for the company in a research note on Friday, June 28th. Liberum Capital reissued a “hold” rating on shares of Dixons Carphone in a research note on Friday, September 6th. Finally, HSBC cut shares of Dixons Carphone to a “hold” rating and dropped their price objective for the stock from GBX 160 ($2.09) to GBX 130 ($1.70) in a research note on Friday, June 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 162.14 ($2.12).
The company has a current ratio of 0.92, a quick ratio of 0.46 and a debt-to-equity ratio of 14.77. The business’s 50 day moving average is GBX 112.74 and its 200 day moving average is GBX 125.65. The stock has a market capitalization of $1.42 billion and a PE ratio of -4.42.
In other news, insider Andrea Gisle Joosen purchased 4,800 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The stock was purchased at an average cost of GBX 114 ($1.49) per share, with a total value of £5,472 ($7,150.14).
Dixons Carphone Company Profile (LON:DC)
Dixons Carphone plc operates as an electrical and telecommunications retailer and service company. The company operates through three segments: UK & Ireland, Nordics, and Greece. It offers various products and services, including consumer electricals and mobile phones under the Carphone Warehouse and CurrysPCWorld Carphone Warehouse brands; computing products and services to business to business customers under the PC World Business brand; travelling services with stores at airports under the Dixons Travel brand; and services under the Team Knowhow brand.
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