StockNews.com Initiates Coverage on The Dixie Group (NASDAQ:DXYN)

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

The Dixie Group Trading Up 0.0 %

Shares of NASDAQ DXYN opened at $0.50 on Wednesday. The Dixie Group has a fifty-two week low of $0.42 and a fifty-two week high of $1.05. The firm has a market capitalization of $7.63 million, a P/E ratio of -2.50 and a beta of 2.62. The company has a debt-to-equity ratio of 3.60, a current ratio of 2.54 and a quick ratio of 0.81. The company’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $0.67.

About The Dixie Group

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.