The Dixie Group (NASDAQ:DXYN) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of The Dixie Group, Inc. (NASDAQ:DXYNGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.41 and traded as high as $0.45. The Dixie Group shares last traded at $0.44, with a volume of 71,433 shares trading hands.

The Dixie Group Price Performance

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 stock has a market capitalization of $6.77 million, a PE ratio of -2.20 and a beta of 1.44. The company has a 50-day moving average of $0.39 and a two-hundred day moving average of $0.41.

About The Dixie Group

(Get Free Report)

The Dixie Group, Inc is a manufacturer and marketer of residential and commercial floor covering products based in Dalton, Georgia. Established in 1970, the company specializes in the design, production and distribution of broadloom carpet, area rugs and related products for markets including hospitality, multi-family housing and residential homebuilders. Through its branded offerings, The Dixie Group addresses a wide array of design and performance requirements by providing custom printing, coloration and specialty textures.

The company’s operations encompass two principal business segments: woven products and tufted carpets.

Further Reading

Receive News & Ratings for The Dixie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Dixie Group and related companies with MarketBeat.com's FREE daily email newsletter.