Destination XL Group Inc. (DXLG) Shares Down 9.2%
Destination XL Group Inc. (NASDAQ:DXLG) shares traded down 9.2% during trading on Thursday . The company traded as low as $4.80 and last traded at $4.91, with a volume of 85,183 shares trading hands. The stock had previously closed at $5.41.
DXLG has been the topic of several analyst reports. Zacks Investment Research downgraded shares of Destination XL Group from a “hold” rating to a “sell” rating in a report on Wednesday, May 4th. Wunderlich initiated coverage on shares of Destination XL Group in a report on Tuesday, August 2nd. They issued a “buy” rating and a $6.50 target price on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Destination XL Group currently has an average rating of “Buy” and an average target price of $7.33.
The company’s market capitalization is $241.62 million. The company has a 50-day moving average of $5.09 and a 200 day moving average of $4.93.
Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.
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