XCel Brands (XELB) Downgraded by ValuEngine
ValuEngine cut shares of XCel Brands (NASDAQ:XELB) from a hold rating to a sell rating in a research report released on Tuesday morning.
Other analysts have also recently issued reports about the stock. DA Davidson reissued a buy rating on shares of XCel Brands in a research note on Friday, August 10th. Zacks Investment Research cut shares of XCel Brands from a buy rating to a hold rating in a research note on Sunday, July 8th.
Shares of XCel Brands stock opened at $2.10 on Tuesday. The company has a current ratio of 2.03, a quick ratio of 1.95 and a debt-to-equity ratio of 0.16. The stock has a market cap of $42.93 million, a price-to-earnings ratio of 23.33, a PEG ratio of 1.31 and a beta of 0.46. XCel Brands has a 1-year low of $1.80 and a 1-year high of $3.60.
About XCel Brands
Xcel Brands, Inc, together with its subsidiaries, operates as a consumer products company in the United States. The company designs, produces, licenses, markets, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the H Halston, the C Wonder, and the Highline Collective brands.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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