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

StockNews.com assumed coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research note published on Wednesday morning. The brokerage issued a hold rating on the textile maker’s stock.

The Dixie Group Trading Down 3.8 %

Shares of DXYN stock opened at $0.50 on Wednesday. The stock has a 50-day simple moving average of $0.58 and a 200 day simple moving average of $0.66. The stock has a market capitalization of $7.63 million, a P/E ratio of -2.50 and a beta of 2.62. The Dixie Group has a fifty-two week low of $0.42 and a fifty-two week high of $1.05. The company has a quick ratio of 0.81, a current ratio of 2.54 and a debt-to-equity ratio of 3.60.

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.