Xcel Brands (NASDAQ:XELB) Research Coverage Started at StockNews.com

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

Xcel Brands Stock Performance

NASDAQ XELB opened at $0.51 on Thursday. The company’s 50 day moving average is $0.65 and its 200-day moving average is $0.68. The firm has a market cap of $12.01 million, a P/E ratio of -0.56 and a beta of 1.36. 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 has a 12-month low of $0.33 and a 12-month high of $1.70.

Xcel Brands (NASDAQ:XELB) last released its earnings results on Friday, December 20th. The textile maker reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative net margin of 179.30% and a negative return on equity of 20.74%. Sell-side analysts predict that Xcel Brands will post -0.26 earnings per share for the current year.

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.