The Dixie Group, Inc. (NASDAQ:DXYN – Get Free Report) crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 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.
The Dixie Group Stock Up 5.0%
The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.81 and a current ratio of 2.54. The stock has a market capitalization of $6.32 million, a price-to-earnings ratio of -2.05 and a beta of 1.62. The firm’s fifty day simple moving average is $0.40 and its 200 day simple moving average is $0.41.
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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