StockNews.com Initiates Coverage on Xcel Brands (NASDAQ:XELB)

Equities researchers at StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a report released on Tuesday. The brokerage set a “sell” rating on the textile maker’s stock.

Xcel Brands Stock Down 2.2 %

Shares of Xcel Brands stock opened at $0.52 on Tuesday. The firm has a market cap of $12.23 million, a price-to-earnings ratio of -0.58 and a beta of 1.31. The stock’s 50-day moving average is $0.72 and its 200 day moving average is $0.70. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. Xcel Brands has a one year low of $0.52 and a one year high of $1.70.

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.