Xcel Brands (NASDAQ:XELB) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Xcel Brands, Inc. (NASDAQ:XELB) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.42 and traded as low as $0.28. Xcel Brands shares last traded at $0.28, with a volume of 24,576 shares changing hands.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Sidoti upgraded Xcel Brands to a “hold” rating in a report on Friday, January 31st. StockNews.com assumed coverage on Xcel Brands in a report on Friday. They set a “sell” rating for the company.

Xcel Brands Price Performance

The company has a market cap of $6.76 million, a PE ratio of -0.28 and a beta of 1.38. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.52 and a current ratio of 0.52. The stock has a 50 day moving average of $0.41 and a 200-day moving average of $0.60.

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 19.20% and a negative net margin of 236.80%. Equities analysts predict that Xcel Brands, Inc. will post -0.23 earnings per share for the current year.

Institutional Investors Weigh In On Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC boosted its stake in shares of Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,452,593 shares of the textile maker’s stock after purchasing an additional 210,000 shares during the period. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 18.55% of the company’s stock.

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.