Xcel Brands (NASDAQ:XELB) Earns Sell Rating from Analysts at StockNews.com

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

Xcel Brands Stock Down 4.7 %

NASDAQ:XELB opened at $0.42 on Monday. Xcel Brands has a 1-year low of $0.33 and a 1-year high of $1.40. The company has a 50-day moving average of $0.52 and a 200 day moving average of $0.66. The firm has a market cap of $10.00 million, a PE ratio of -0.41 and a beta of 1.36. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.52 and a quick ratio of 0.52.

Xcel Brands (NASDAQ:XELB) last released its quarterly earnings results on Friday, December 20th. The textile maker reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative net margin of 236.80% and a negative return on equity of 19.20%. As a group, research analysts anticipate that Xcel Brands will post -0.23 EPS for the current fiscal year.

Institutional Investors Weigh In On Xcel Brands

A hedge fund recently raised its stake in Xcel Brands stock. Summit Trail Advisors LLC boosted its stake in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,452,593 shares of the textile maker’s stock after acquiring an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned 10.37% of Xcel Brands worth $1,248,000 as of its most recent filing with the SEC. 18.55% of the stock is currently owned by institutional investors.

About Xcel Brands

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.