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

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

Xcel Brands Price Performance

Shares of NASDAQ:XELB opened at $0.66 on Monday. The firm has a fifty day moving average price of $0.74 and a two-hundred day moving average price of $0.71. The company has a market cap of $15.56 million, a price-to-earnings ratio of -0.73 and a beta of 1.31. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. Xcel Brands has a one year low of $0.58 and a one year high of $1.70.

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.