StockNews.com Begins Coverage on Xcel Brands (NASDAQ:XELB)

StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a report published on Sunday. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Trading Down 0.4 %

Shares of Xcel Brands stock opened at $0.69 on Friday. The firm has a market capitalization of $16.20 million, a PE ratio of -0.76 and a beta of 1.34. Xcel Brands has a twelve month low of $0.58 and a twelve month high of $1.70. The firm’s 50-day moving average price is $0.75 and its 200 day moving average price is $0.71. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08.

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.