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

StockNews.com assumed coverage on shares of Xcel Brands (NASDAQ:XELBFree Report) in a research note published on Saturday morning. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Price Performance

NASDAQ:XELB opened at $0.44 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.09. The business’s 50-day moving average price is $0.57 and its 200 day moving average price is $0.67. Xcel Brands has a 52-week low of $0.33 and a 52-week high of $1.70. The firm has a market cap of $10.40 million, a P/E ratio of -0.43 and a beta of 1.36.

Xcel Brands (NASDAQ:XELBGet Free Report) last issued its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative net margin of 236.80% and a negative return on equity of 19.20%. As a group, sell-side analysts predict that Xcel Brands will post -0.23 earnings per share for the current fiscal year.

Xcel Brands Company Profile

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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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