The Dixie Group (NASDAQ:DXYN) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research note released on Wednesday morning. The firm issued a hold rating on the textile maker’s stock.

The Dixie Group Stock Performance

NASDAQ:DXYN opened at $0.89 on Wednesday. The Dixie Group has a twelve month low of $0.46 and a twelve month high of $1.00. 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 stock’s 50-day simple moving average is $0.70 and its 200 day simple moving average is $0.66. The firm has a market capitalization of $14.16 million, a PE ratio of -3.56 and a beta of 2.41.

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.