Analysts at StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELB – Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the textile maker’s stock.
Xcel Brands Stock Down 4.7 %
Shares of NASDAQ:XELB opened at $0.42 on Monday. The business has a 50-day moving average price of $0.52 and a 200 day moving average price of $0.66. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $10.00 million, a price-to-earnings ratio of -0.41 and a beta of 1.36. Xcel Brands has a 12-month low of $0.33 and a 12-month high of $1.40.
Xcel Brands (NASDAQ:XELB – Get Free Report) last issued its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 19.20% and a negative net margin of 236.80%. Sell-side analysts expect that Xcel Brands will post -0.23 EPS for the current year.
Hedge Funds Weigh In On Xcel Brands
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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