The Dixie Group (NASDAQ:DXYN) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research note issued to investors on Tuesday morning. The brokerage issued a hold rating on the textile maker’s stock.

The Dixie Group Price Performance

DXYN stock opened at $0.51 on Tuesday. 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 Dixie Group has a 12 month low of $0.42 and a 12 month high of $1.05. The firm has a market cap of $7.78 million, a P/E ratio of -2.55 and a beta of 2.62. The company’s 50-day moving average price is $0.60 and its two-hundred day moving average price is $0.68.

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.