StockNews.com Begins Coverage on Xcel Brands (NASDAQ:XELB)

Analysts at StockNews.com began coverage on shares of Xcel Brands (NASDAQ:XELB) in a research note issued on Monday. The firm set a “sell” rating on the textile maker’s stock.

Xcel Brands Trading Up 1.0 %

NASDAQ:XELB opened at $0.67 on Monday. Xcel Brands has a 12 month low of $0.58 and a 12 month high of $1.70. The firm has a fifty day simple moving average of $0.74 and a 200-day simple moving average of $0.71. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $15.73 million, a P/E ratio of -0.74 and a beta of 1.31.

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.