Xcel Brands (NASDAQ:XELB) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELB) in a research report released on Monday. The firm issued a sell rating on the textile maker’s stock.

Xcel Brands Price Performance

Xcel Brands stock opened at $0.66 on Monday. The firm has a 50 day moving average price of $0.74 and a 200-day moving average price of $0.71. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08. Xcel Brands has a twelve month low of $0.58 and a twelve month high of $1.70. The company has a market capitalization of $15.56 million, a P/E ratio of -0.73 and a beta of 1.31.

About Xcel Brands

Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.