The Dixie Group (NASDAQ:DXYN) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com started coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research report issued on Saturday. The firm set a “hold” rating on the textile maker’s stock.

The Dixie Group Price Performance

The Dixie Group stock opened at $0.58 on Friday. The Dixie Group has a 1 year low of $0.42 and a 1 year high of $1.05. The firm has a 50 day moving average price of $0.64 and a 200 day moving average price of $0.71. The company has a market cap of $8.79 million, a price-to-earnings ratio of -2.88 and a beta of 2.66. The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.81 and a current ratio of 2.54.

About The Dixie Group

The Dixie Group, Inc manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company offers residential carpets, custom rugs, and engineered wood products under the Fabrica brand for interior decorators and designers, selected retailers and furniture stores, luxury home builders, and manufacturers of luxury motor coaches and yachts; and specialty carpets and rugs for the high-end residential marketplace, as well as luxury vinyl flooring products and broadloom carpet products under the Masland Residential brand name through the interior design community and specialty floorcovering retailers.