Xcel Brands (NASDAQ:XELB) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a report published on Friday. The firm 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 Stock Up 1.5 %

NASDAQ:XELB opened at $0.29 on Friday. Xcel Brands has a twelve month low of $0.27 and a twelve month high of $1.03. The company has a market cap of $6.76 million, a price-to-earnings ratio of -0.28 and a beta of 1.38. The stock has a fifty day simple moving average of $0.41 and a 200-day simple moving average of $0.60. 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 released its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, topping the consensus estimate 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%. Analysts anticipate that Xcel Brands will post -0.23 EPS for the current year.

Institutional Trading of Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC lifted its position in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,452,593 shares of the textile maker’s stock after acquiring an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned 10.37% of Xcel Brands worth $1,248,000 as of its most recent SEC filing. Institutional investors and hedge funds own 18.55% of the company’s stock.

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.