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

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

Xcel Brands Stock Up 2.9 %

Xcel Brands stock opened at $0.46 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.52 and a current ratio of 0.52. The firm has a 50 day moving average price of $0.54 and a 200 day moving average price of $0.66. Xcel Brands has a fifty-two week low of $0.33 and a fifty-two week high of $1.40. The company has a market capitalization of $10.95 million, a PE ratio of -0.45 and a beta of 1.36.

Xcel Brands (NASDAQ:XELB) last issued its quarterly earnings data 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 return on equity of 19.20% and a negative net margin of 236.80%. Research analysts expect that Xcel Brands will post -0.23 earnings per share for the current 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.