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

StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a research note released on Friday morning. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Stock Performance

NASDAQ XELB opened at $0.45 on Friday. The business has a 50 day moving average price of $0.62 and a 200 day moving average price of $0.68. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. The company has a market capitalization of $10.69 million, a P/E ratio of -0.50 and a beta of 1.36. Xcel Brands has a 1-year low of $0.33 and a 1-year high of $1.70.

Xcel Brands (NASDAQ:XELB) last released its quarterly earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%. Sell-side analysts expect that Xcel Brands will post -0.26 EPS for the current fiscal 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.