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

StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELB) in a research note issued to investors on Sunday morning. The brokerage issued a sell rating on the textile maker’s stock.

Xcel Brands Price Performance

Shares of NASDAQ:XELB opened at $0.46 on Friday. The company’s fifty day moving average is $0.54 and its two-hundred day moving average is $0.66. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.09. Xcel Brands has a 12-month low of $0.33 and a 12-month high of $1.40. The company has a market cap of $10.80 million, a P/E ratio of -0.44 and a beta of 1.36.

Xcel Brands (NASDAQ:XELB) last announced its earnings results on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) 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 expect that Xcel Brands will post -0.23 earnings per share for the current fiscal year.

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.