The Dixie Group, Inc. (NASDAQ:DXYN – Get Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $0.40 and traded as high as $0.41. The Dixie Group shares last traded at $0.41, with a volume of 7,503 shares changing hands.
The Dixie Group Trading Up 38.5%
The company’s fifty day moving average price is $0.40 and its two-hundred day moving average price is $0.41. The company has a current ratio of 2.54, a quick ratio of 0.81 and a debt-to-equity ratio of 3.60. The firm has a market cap of $9.71 million, a P/E ratio of -3.15 and a beta of 1.62.
About The Dixie Group
The Dixie Group, Inc. is a manufacturer and marketer of high-end carpets, rugs and other textile floorcovering products. The company serves residential, hospitality, commercial and specialty markets, with products designed for use in homes, hotels, offices and other interior environments. The company’s portfolio has included the Dixie Home, Masland and Fabrica brands. Its offerings include broadloom and custom carpets, area rugs, and related floorcovering products, with an emphasis on design, quality and specialized manufacturing for premium interior applications.
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