Colefax Group (LON:CFX) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Colefax Group PLC (LON:CFX)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,427.41 and traded as high as GBX 1,466. Colefax Group shares last traded at GBX 1,430, with a volume of 518 shares.

Colefax Group Stock Down 1.7%

The firm has a market capitalization of £71.49 million, a price-to-earnings ratio of 10.16 and a beta of 0.19. The company has a debt-to-equity ratio of 86.80, a current ratio of 2.34 and a quick ratio of 1.25. The stock has a fifty day moving average of GBX 1,427.41 and a two-hundred day moving average of GBX 1,249.95.

Colefax Group (LON:CFX) last released its quarterly earnings results on Friday, July 31st. The company reported GBX 140.70 EPS for the quarter. Colefax Group had a return on equity of 22.35% and a net margin of 6.69%. Sell-side analysts anticipate that Colefax Group PLC will post 58.0825752 earnings per share for the current year.

About Colefax Group

Colefax Group PLC, together with its subsidiaries, engages in the design, marketing, distribution, and retailing of furnishing fabrics, wallpapers, trimmings, upholstered furniture, and related products in the United Kingdom, the United States, rest of Europe, and internationally. The company operates in two divisions, Product and Decorating. It also sells antiques, as well as provides interior and architectural design, project management, decoration, and furnishing services for private individuals and commercial clients.