StockNews.com Begins Coverage on Xcel Brands (NASDAQ:XELB)

Equities researchers at StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a report issued on Sunday. The firm set a “sell” rating on the textile maker’s stock.

Separately, Sidoti raised shares of Xcel Brands to a “hold” rating in a research report on Friday, January 31st.

Xcel Brands Price Performance

XELB opened at $0.38 on Friday. Xcel Brands has a 1 year low of $2.50 and a 1 year high of $9.97. The company’s 50 day simple moving average is $0.37 and its 200 day simple moving average is $0.56. The stock has a market capitalization of $9.13 million, a PE ratio of -0.37 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.

Xcel Brands (NASDAQ:XELB) last announced its quarterly earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative net margin of 236.80% and a negative return on equity of 19.20%. As a group, sell-side analysts expect that Xcel Brands will post -0.23 EPS for the current year.

Institutional Trading of Xcel Brands

A hedge fund recently raised its stake in Xcel Brands stock. Summit Trail Advisors LLC lifted its stake in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,452,593 shares of the textile maker’s stock after buying an additional 210,000 shares during the period. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 as of its most recent SEC filing. Institutional investors and hedge funds 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.