StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELB – Free Report) in a research note published on Sunday morning. The brokerage issued a sell rating on the textile maker’s stock.
Xcel Brands Stock Down 1.8 %
Shares of NASDAQ:XELB opened at $0.73 on Friday. The firm has a market cap of $17.20 million, a P/E ratio of -0.67 and a beta of 1.34. 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 has a 12 month low of $0.58 and a 12 month high of $1.70. The company’s 50-day moving average price is $0.71 and its two-hundred day moving average price is $0.71.
Xcel Brands (NASDAQ:XELB – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The textile maker reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.08. The business had revenue of $2.95 million for the quarter, compared to the consensus estimate of $2.98 million. Xcel Brands had a negative net margin of 179.30% and a negative return on equity of 20.74%. During the same period last year, the company posted ($0.09) EPS. As a group, research analysts forecast that Xcel Brands will post -0.26 EPS 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.
See Also
- Five stocks we like better than Xcel Brands
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- NVIDIA’s AI Dominance: Why Analysts Predict Major Upside Ahead
- Using the MarketBeat Dividend Tax Calculator
- These Stocks Are Using Buybacks to Unlock Big Gains for Investors
- What to Know About Investing in Penny Stocks
- This Is the Entry Into PepsiCo You’ve Been Waiting For
Receive News & Ratings for Xcel Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Brands and related companies with MarketBeat.com's FREE daily email newsletter.