Zacks Investment Research upgraded shares of Dixie Group (NASDAQ:DXYN) from a strong sell rating to a hold rating in a report released on Tuesday morning.
According to Zacks, “Dixie Group Inc. is a leading carpet and rug manufacturer and supplier to higher-end residential and commercial customers serviced by Masland Carpets and Fabrica International, to consumers through major retailers under the Bretlin, Globaltex and Alliance Mills brands and to the factory-built housing and recreational vehicle markets through Carriage Carpets. Dixie’s Candlewick Yarns serves specialty carpet yarn customers.(PR) “
Dixie Group (DXYN) traded up $0.05 on Tuesday, hitting $3.45. 5,000 shares of the company’s stock traded hands, compared to its average volume of 17,800. Dixie Group has a twelve month low of $3.30 and a twelve month high of $5.20. The company has a market cap of $59.48, a P/E ratio of -19.17 and a beta of 0.61. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 0.81.
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Dixie Group Company Profile
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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