Delta Apparel (NYSE:DLA) Now Covered by Analysts at StockNews.com

StockNews.com started coverage on shares of Delta Apparel (NYSE:DLA) in a report published on Friday morning. The firm issued a hold rating on the stock.

Delta Apparel Stock Up 2.9 %

Shares of DLA opened at $1.07 on Friday. The stock has a market cap of $7.54 million, a price-to-earnings ratio of -0.11 and a beta of 1.07. The company has a quick ratio of 0.21, a current ratio of 1.01 and a debt-to-equity ratio of 0.15. Delta Apparel has a 12 month low of $1.00 and a 12 month high of $11.49. The company has a 50-day moving average price of $1.87 and a two-hundred day moving average price of $4.26.

Delta Apparel (NYSE:DLA) last announced its quarterly earnings results on Wednesday, May 8th. The company reported ($2.53) EPS for the quarter. The business had revenue of $78.94 million for the quarter. Delta Apparel had a negative return on equity of 20.00% and a negative net margin of 18.92%.

Institutional Trading of Delta Apparel

An institutional investor recently bought a new position in Delta Apparel stock. Certified Advisory Corp acquired a new position in shares of Delta Apparel, Inc. (NYSE:DLA) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,063 shares of the company’s stock, valued at approximately $86,000. Certified Advisory Corp owned approximately 0.17% of Delta Apparel at the end of the most recent quarter. Institutional investors and hedge funds own 73.98% of the company’s stock.

Delta Apparel Company Profile

Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States, Honduras, El Salvador, Mexico, and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; performance shirts that keep athletes dry under the Delta Dri line brand; ringspun garments; Delta Soft apparel products; and heritage, mid- and heavier-weight tee shirts under the Delta Pro Weight and Magnum Weight brand names, as well as polos, outerwear, headwear, bags, and other accessories under the Soffe brand.