Xcel Brands, Inc. (NASDAQ:XELB – Get Free Report) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 412,100 shares, an increase of 366.2% from the December 31st total of 88,400 shares. Currently, 2.8% of the company’s stock are sold short. Based on an average daily volume of 123,800 shares, the short-interest ratio is currently 3.3 days.
Xcel Brands Stock Up 2.5 %
Shares of NASDAQ XELB traded up $0.01 during midday trading on Tuesday, hitting $0.45. The company’s stock had a trading volume of 2,051 shares, compared to its average volume of 63,572. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.52 and a quick ratio of 0.52. The firm has a market capitalization of $10.66 million, a price-to-earnings ratio of -0.44 and a beta of 1.36. The business’s fifty day simple moving average is $0.54 and its two-hundred day simple moving average is $0.66. Xcel Brands has a 1 year low of $0.33 and a 1 year high of $1.40.
Xcel Brands (NASDAQ:XELB – Get Free Report) last released its quarterly earnings results on Friday, December 20th. The textile maker reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 19.20% and a negative net margin of 236.80%. On average, equities analysts predict that Xcel Brands will post -0.23 EPS for the current year.
Wall Street Analysts Forecast Growth
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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.
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