News stories about The Dixie Group (NASDAQ:DXYN) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Dixie Group earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the textile maker an impact score of 46.7641373308506 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of The Dixie Group (DXYN) opened at $4.05 on Monday. The Dixie Group has a one year low of $3.25 and a one year high of $5.20. The company has a current ratio of 2.61, a quick ratio of 0.81 and a debt-to-equity ratio of 1.46.
A number of equities research analysts have recently commented on the stock. ValuEngine cut shares of The Dixie Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th. Zacks Investment Research cut shares of The Dixie Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th.
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The Dixie Group, Inc is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers.
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