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

Research analysts at StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB) in a note issued to investors on Saturday. The firm set a “sell” rating on the textile maker’s stock.

Xcel Brands Stock Performance

Xcel Brands stock opened at $0.44 on Friday. The stock has a market cap of $10.40 million, a price-to-earnings ratio of -0.43 and a beta of 1.36. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.52 and a quick ratio of 0.52. Xcel Brands has a 1-year low of $0.33 and a 1-year high of $1.70. The firm has a 50 day simple moving average of $0.58 and a 200-day simple moving average of $0.67.

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 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%. On average, analysts expect that Xcel Brands will post -0.23 EPS for the current 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.