Xcel Brands (NASDAQ:XELB) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a report published on Thursday. The brokerage issued a sell rating on the textile maker’s stock.

Separately, Sidoti upgraded Xcel Brands to a “hold” rating in a research report on Friday, January 31st.

Xcel Brands Price Performance

XELB stock opened at $0.30 on Thursday. The business has a 50 day simple moving average of $0.42 and a 200-day simple moving average of $0.61. The company has a market capitalization of $7.11 million, a P/E ratio of -0.29 and a beta of 1.35. Xcel Brands has a twelve month low of $0.29 and a twelve month high of $1.06. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.09.

Xcel Brands (NASDAQ:XELB) last issued its quarterly 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, equities analysts anticipate that Xcel Brands will post -0.23 EPS for the current year.

Hedge Funds Weigh In On Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC raised its position in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,452,593 shares of the textile maker’s stock after acquiring an additional 210,000 shares during the period. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent reporting period. 18.55% of the stock is owned by hedge funds and other institutional investors.

About Xcel Brands

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.