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

StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a research report sent to investors on Monday morning. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Stock Down 3.6 %

Shares of NASDAQ:XELB opened at $0.63 on Monday. The business’s 50 day moving average is $0.74 and its 200 day moving average is $0.71. The stock has a market cap of $14.89 million, a P/E ratio of -0.70 and a beta of 1.31. Xcel Brands has a 52-week low of $0.58 and a 52-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.

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.