Colefax Group (LON:CFX) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Colefax Group PLC (LON:CFX) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1,062.22 and traded as high as GBX 1,120. Colefax Group shares last traded at GBX 1,109, with a volume of 3,300 shares changing hands.

Colefax Group Stock Performance

The stock has a fifty day simple moving average of GBX 1,062.22 and a two-hundred day simple moving average of GBX 956.49. The company has a debt-to-equity ratio of 73.75, a quick ratio of 1.25 and a current ratio of 1.98. The stock has a market capitalization of £57.29 million, a price-to-earnings ratio of 9.11 and a beta of 0.22.

Colefax Group (LON:CFX) last released its earnings results on Wednesday, January 28th. The company reported GBX 66.50 EPS for the quarter. Colefax Group had a return on equity of 20.89% and a net margin of 6.13%. Analysts forecast that Colefax Group PLC will post 58.0825752 earnings per share for the current fiscal 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.