StockNews.com Begins Coverage on Xcel Brands (NASDAQ:XELB)

Equities research analysts at StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a report issued on Tuesday. The firm set a “sell” rating on the textile maker’s stock.

Xcel Brands Stock Performance

NASDAQ:XELB opened at $0.54 on Tuesday. The firm’s 50-day moving average is $0.73 and its 200-day moving average is $0.71. The company has a market cap of $12.78 million, a price-to-earnings ratio of -0.60 and a beta of 1.31. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.72 and a current ratio of 0.79. Xcel Brands has a 52-week low of $0.54 and a 52-week high of $1.70.

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.