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

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

The Dixie Group Trading Up 4.1 %

Shares of DXYN opened at $0.70 on Friday. The Dixie Group has a 1-year low of $0.46 and a 1-year high of $1.22. The company has a 50-day moving average of $0.79 and a 200 day moving average of $0.66. The firm has a market capitalization of $11.05 million, a price-to-earnings ratio of -2.78 and a beta of 2.41. The company has a debt-to-equity ratio of 2.99, a current ratio of 2.39 and a quick ratio of 0.82.

The Dixie Group (NASDAQ:DXYN) last announced its quarterly earnings data on Thursday, May 2nd. The textile maker reported ($0.16) earnings per share for the quarter. The Dixie Group had a negative net margin of 1.26% and a negative return on equity of 10.20%. The company had revenue of $65.25 million for the quarter.

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.