StockNews.com Begins Coverage on The Dixie Group (NASDAQ:DXYN)

by · The Markets Daily

StockNews.com assumed coverage on shares of The Dixie Group (NASDAQ:DXYN – Get Free Report) in a report issued on Monday. The brokerage set a “hold” rating on the textile maker’s stock.

The Dixie Group Stock Up 14.5 %

Shares of NASDAQ DXYN opened at $0.69 on Monday. The company has a debt-to-equity ratio of 3.60, a current ratio of 2.54 and a quick ratio of 0.81. The company has a 50-day moving average price of $0.53 and a 200-day moving average price of $0.62. The stock has a market capitalization of $10.47 million, a P/E ratio of -3.43 and a beta of 2.73. The Dixie Group has a 1 year low of $0.38 and a 1 year high of $1.05.

The Dixie Group Company Profile

(Get Free Report)

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.

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