The Dixie Group (NASDAQ:DXYN) Now Covered by StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research note issued on Tuesday. The brokerage set a “hold” rating on the textile maker’s stock.

The Dixie Group Trading Up 0.1 %

Shares of The Dixie Group stock opened at $0.50 on Tuesday. The stock has a 50 day moving average of $0.61 and a 200 day moving average of $0.68. The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.81 and a current ratio of 2.54. The firm has a market capitalization of $7.65 million, a price-to-earnings ratio of -2.50 and a beta of 2.62. The Dixie Group has a fifty-two week low of $0.42 and a fifty-two week high of $1.05.

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.