Xcel Brands (NASDAQ:XELB) Now Covered by StockNews.com

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

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

Xcel Brands Stock Performance

Xcel Brands stock opened at $0.37 on Tuesday. The company has a market cap of $8.73 million, a PE ratio of -0.36 and a beta of 1.35. 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 has a 1 year low of $0.33 and a 1 year high of $1.09. The company’s 50-day moving average is $0.48 and its two-hundred day moving average is $0.64.

Xcel Brands (NASDAQ:XELB) last announced its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, beating the consensus estimate 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%. Equities analysts anticipate that Xcel Brands will post -0.23 earnings per share for the current year.

Institutional Inflows and Outflows

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 Form 13F filing with the SEC. The institutional investor owned 2,452,593 shares of the textile maker’s stock after purchasing an additional 210,000 shares during the period. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 as of its most recent filing with the SEC. Institutional investors 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.