StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB – Free Report) in a report published on Tuesday morning. The firm issued a sell rating on the textile maker’s stock.
Xcel Brands Stock Performance
Shares of XELB stock opened at $0.81 on Tuesday. The stock has a market cap of $18.95 million, a P/E ratio of -0.90 and a beta of 1.34. The business has a fifty day simple moving average of $0.73 and a 200-day simple moving average of $0.71. Xcel Brands has a fifty-two week low of $0.58 and a fifty-two week high of $1.70. 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 (NASDAQ:XELB – Get Free Report) last posted its quarterly earnings data on Wednesday, August 14th. The textile maker reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.08. The firm had revenue of $2.95 million during the quarter, compared to analysts’ expectations of $2.98 million. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. During the same quarter last year, the business posted ($0.09) EPS. On average, analysts forecast that Xcel Brands will post -0.26 earnings per share for the current fiscal year.
Institutional Trading of Xcel Brands
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.
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