The Dixie Group (NASDAQ:DXYN) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research report report published on Saturday morning. The brokerage issued a hold rating on the textile maker’s stock.

The Dixie Group Trading Up 4.3 %

Shares of NASDAQ DXYN opened at $0.60 on Friday. The company has a quick ratio of 0.81, a current ratio of 2.54 and a debt-to-equity ratio of 3.60. The Dixie Group has a twelve month low of $0.42 and a twelve month high of $1.05. The company’s fifty day moving average is $0.64 and its 200-day moving average is $0.71. The stock has a market cap of $9.17 million, a price-to-earnings ratio of -3.00 and a beta of 2.66.

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.