Xcel Brands (NASDAQ:XELB) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a research note published on Friday. The firm issued a sell rating on the textile maker’s stock.

Xcel Brands Trading Down 4.1 %

Shares of Xcel Brands stock opened at $0.45 on Friday. The firm has a market cap of $10.69 million, a price-to-earnings ratio of -0.50 and a beta of 1.36. Xcel Brands has a 52-week low of $0.33 and a 52-week high of $1.70. The company’s 50-day simple moving average is $0.62 and its 200-day simple moving average is $0.68. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08.

Xcel Brands (NASDAQ:XELB) last issued its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, equities research analysts anticipate that Xcel Brands will post -0.26 earnings per share 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.