The Dixie Group (NASDAQ:DXYN) Now Covered by StockNews.com

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

The Dixie Group Trading Up 6.7 %

Shares of The Dixie Group stock opened at $0.58 on Friday. The Dixie Group has a 12-month low of $0.42 and a 12-month high of $1.05. The stock has a market cap of $8.79 million, a P/E ratio of -2.88 and a beta of 2.66. The company has a quick ratio of 0.81, a current ratio of 2.54 and a debt-to-equity ratio of 3.60. The business’s 50 day moving average is $0.64 and its 200-day moving average is $0.71.

The Dixie Group Company Profile

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.