Stock analysts at StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB – Get Free Report) in a note issued to investors on Wednesday. The firm set a “sell” rating on the textile maker’s stock.
Xcel Brands Stock Performance
NASDAQ XELB opened at $0.71 on Wednesday. The company has a market cap of $16.62 million, a P/E ratio of -0.65 and a beta of 1.35. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. The stock has a 50-day moving average of $0.68 and a two-hundred day moving average of $0.75. Xcel Brands has a 1-year low of $0.58 and a 1-year high of $1.70.
Xcel Brands (NASDAQ:XELB – Get Free Report) last released its earnings results on Wednesday, August 14th. The textile maker reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.08. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. The company had revenue of $2.95 million during the quarter, compared to the consensus estimate of $2.98 million. During the same period in the previous year, the company posted ($0.09) EPS. As a group, analysts anticipate that Xcel Brands will post -0.26 EPS for the current year.
Hedge Funds Weigh In On Xcel Brands
About Xcel Brands
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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