Delta Apparel (NYSEAMERICAN:DLA) Share Price Passes Above Two Hundred Day Moving Average of $0.00

Delta Apparel, Inc. (NYSEAMERICAN:DLAGet Rating)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $17.40. Delta Apparel shares last traded at $16.79, with a volume of 32,274 shares.

Analyst Upgrades and Downgrades

Separately, TheStreet cut Delta Apparel from a “b-” rating to a “c+” rating in a research note on Monday, August 22nd.

Delta Apparel Stock Performance

The company has a debt-to-equity ratio of 0.71, a current ratio of 2.30 and a quick ratio of 0.77. The firm has a market capitalization of $110.23 million, a price-to-earnings ratio of 5.51 and a beta of 1.61.

Delta Apparel (NYSEAMERICAN:DLAGet Rating) last posted its earnings results on Thursday, August 4th. The textile maker reported $0.88 earnings per share for the quarter, missing the consensus estimate of $1.19 by ($0.31). Delta Apparel had a return on equity of 13.35% and a net margin of 4.65%. On average, equities analysts predict that Delta Apparel, Inc. will post 3.17 EPS for the current year.

Institutional Trading of Delta Apparel

A number of institutional investors have recently modified their holdings of DLA. TCI Wealth Advisors Inc. bought a new stake in shares of Delta Apparel in the second quarter valued at about $26,000. Ritholtz Wealth Management bought a new stake in shares of Delta Apparel in the second quarter valued at about $205,000. Bailard Inc. bought a new stake in shares of Delta Apparel in the second quarter valued at about $220,000. Compass Ion Advisors LLC bought a new stake in shares of Delta Apparel in the first quarter valued at about $220,000. Finally, Annex Advisory Services LLC acquired a new stake in shares of Delta Apparel in the first quarter valued at about $261,000. 56.96% of the stock is currently owned by institutional investors.

About Delta Apparel

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Delta Apparel, Inc, through its subsidiaries, designs, manufactures, sources, and markets activewear and lifestyle apparel products in the United States and internationally. The company operates through two segments, Delta Group and Salt Life Group. It offers on-demand digitally printed apparel products under the DTG2Go brand; silhouettes and fleece products; performance shirts that keep athletes dry under the Delta Dri line brand; ringspun garments; Delta Soft apparel products; and heritage, mid- and heavier-weight tee shirts under the Delta Pro Weight and Magnum Weight brand names, as well as polos, outerwear, headwear, bags, and other accessories.

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