Xcel Brands (NASDAQ:XELB) Announces Earnings Results

Xcel Brands (NASDAQ:XELB) posted its earnings results on Friday. The textile maker reported ($0.06) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.06, Zacks reports. Xcel Brands had a negative net margin of 179.30% and a negative return on equity of 20.74%.

Xcel Brands Stock Performance

NASDAQ XELB opened at $0.40 on Friday. The stock has a market cap of $9.43 million, a PE ratio of -0.44 and a beta of 1.31. Xcel Brands has a twelve month low of $0.35 and a twelve month high of $1.70. The stock has a fifty day simple moving average of $0.71 and a 200-day simple moving average of $0.70. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Xcel Brands in a report on Tuesday, December 17th. They issued a “sell” rating on the stock.

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.