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

StockNews.com started coverage on shares of The Dixie Group (NASDAQ:DXYN) in a report released on Sunday. The brokerage issued a hold rating on the textile maker’s stock.

The Dixie Group Stock Down 5.7 %

DXYN stock opened at $0.66 on Friday. The company has a 50 day moving average of $0.79 and a two-hundred day moving average of $0.66. The company has a market cap of $10.41 million, a price-to-earnings ratio of -2.62 and a beta of 2.41. The Dixie Group has a 12-month low of $0.46 and a 12-month high of $1.22. The company has a quick ratio of 0.82, a current ratio of 2.39 and a debt-to-equity ratio of 2.99.

The Dixie Group (NASDAQ:DXYN) last posted its quarterly earnings results on Thursday, May 2nd. The textile maker reported ($0.16) earnings per share for the quarter. The company had revenue of $65.25 million during the quarter. The Dixie Group had a negative return on equity of 10.20% and a negative net margin of 1.26%.

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.