The Dixie Group, Inc. (NASDAQ:DXYN – Get Free Report) shares traded down 9.9% during mid-day trading on Friday. The company traded as low as $0.3491 and last traded at $0.3491. Approximately 873 shares changed hands during mid-day trading, a decline of 92% from the average daily volume of 11,158 shares. The stock had previously closed at $0.3875.
The Dixie Group Price Performance
The firm’s 50-day moving average is $0.40 and its 200-day moving average is $0.41. The company has a debt-to-equity ratio of 3.60, a current ratio of 2.54 and a quick ratio of 0.81. The company has a market capitalization of $5.38 million, a P/E ratio of -1.75 and a beta of 1.62.
The Dixie Group Company Profile
The Dixie Group, Inc is a manufacturer and marketer of high-end carpets, rugs and other textile floorcovering products. The company serves residential, hospitality, commercial and specialty markets, with products designed for use in homes, hotels, offices and other interior environments.
The company’s portfolio has included the Dixie Home, Masland and Fabrica brands. Its offerings include broadloom and custom carpets, area rugs, and related floorcovering products, with an emphasis on design, quality and specialized manufacturing for premium interior applications.
The Dixie Group traces its history to the early 20th century and has operated within the U.S.
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