The Dixie Group (NASDAQ:DXYN) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of The Dixie Group (NASDAQ:DXYN) in a research note issued to investors on Tuesday morning. The firm issued a hold rating on the textile maker’s stock.

The Dixie Group Stock Up 1.5%

NASDAQ DXYN opened at $0.68 on Tuesday. The company has a current ratio of 2.54, a quick ratio of 0.81 and a debt-to-equity ratio of 3.60. The company has a market cap of $10.37 million, a price-to-earnings ratio of -3.40 and a beta of 2.73. The company has a 50 day moving average of $0.55 and a 200-day moving average of $0.62. The Dixie Group has a 1-year low of $0.38 and a 1-year high of $1.05.

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.