Xcel Brands (NASDAQ:XELB) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a report released on Thursday. The brokerage set a “sell” rating on the textile maker’s stock.

Xcel Brands Stock Performance

Shares of XELB stock opened at $0.52 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average of $0.66 and a two-hundred day moving average of $0.68. The company has a market cap of $12.17 million, a P/E ratio of -0.57 and a beta of 1.31. Xcel Brands has a 52 week low of $0.33 and a 52 week high of $1.70.

Xcel Brands (NASDAQ:XELB) last issued its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. As a group, analysts anticipate that Xcel Brands will post -0.26 EPS for the current year.

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.