Xcel Brands (NASDAQ:XELB) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a report published on Sunday. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Trading Down 0.4 %

XELB stock opened at $0.69 on Friday. The company’s 50-day simple moving average is $0.75 and its 200-day simple moving average is $0.71. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08. Xcel Brands has a 52-week low of $0.58 and a 52-week high of $1.70. The firm has a market cap of $16.20 million, a P/E ratio of -0.76 and a beta of 1.34.

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.