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

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

The Dixie Group Trading Up 6.2 %

Shares of The Dixie Group stock opened at $0.48 on Thursday. The stock has a market cap of $7.32 million, a PE ratio of -2.40 and a beta of 2.62. The firm has a fifty day moving average price of $0.56 and a 200 day moving average price of $0.66. The Dixie Group has a 1 year low of $0.42 and a 1 year high of $1.05. 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 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.