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

Equities research analysts at StockNews.com assumed coverage on shares of The Dixie Group (NASDAQ:DXYN) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the textile maker’s stock.

The Dixie Group Stock Up 2.0 %

DXYN opened at $0.52 on Wednesday. The Dixie Group has a fifty-two week low of $0.42 and a fifty-two week high of $1.05. The company’s 50-day moving average is $0.58 and its 200 day moving average is $0.67. The company has a debt-to-equity ratio of 3.60, a current ratio of 2.54 and a quick ratio of 0.81. The firm has a market capitalization of $7.94 million, a P/E ratio of -2.60 and a beta of 2.62.

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.