Stock analysts at StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELB – Get Free Report) in a note issued to investors on Thursday. The firm set a “sell” rating on the textile maker’s stock.
Xcel Brands Trading Up 4.1 %
Shares of Xcel Brands stock opened at $0.73 on Thursday. Xcel Brands has a fifty-two week low of $0.58 and a fifty-two week high of $1.70. The firm has a market cap of $17.26 million, a PE ratio of -0.67 and a beta of 1.35. The business’s fifty day moving average is $0.69 and its two-hundred day moving average is $0.73. 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 (NASDAQ:XELB – Get Free Report) last issued its earnings results on Wednesday, August 14th. The textile maker reported ($0.01) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.08. The business had revenue of $2.95 million for the quarter, compared to analyst estimates of $2.98 million. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. During the same period last year, the company posted ($0.09) EPS. Analysts anticipate that Xcel Brands will post -0.26 earnings per share for the current year.
Institutional Inflows and Outflows
Xcel Brands Company Profile
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.
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