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

StockNews.com assumed coverage on shares of The Dixie Group (NASDAQ:DXYN) in a report issued on Tuesday. The firm set a “hold” rating on the textile maker’s stock.

The Dixie Group Price Performance

The Dixie Group stock opened at $0.50 on Tuesday. The company has a fifty day simple moving average of $0.61 and a 200-day simple moving average of $0.68. The firm has a market capitalization of $7.65 million, a price-to-earnings ratio of -2.50 and a beta of 2.62. 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 52-week low of $0.42 and a 52-week high of $1.05.

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.