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

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

Xcel Brands Price Performance

Shares of NASDAQ XELB opened at $0.52 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. The business has a 50-day moving average of $0.68 and a 200-day moving average of $0.69. The stock has a market capitalization of $12.24 million, a price-to-earnings ratio of -0.58 and a beta of 1.31. Xcel Brands has a fifty-two week low of $0.33 and a fifty-two week high of $1.70.

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

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.