The Dixie Group (NASDAQ:DXYN) Share Price Breaks Above 200 Day Moving Average – Here’s What Happened

The Dixie Group, Inc. (NASDAQ:DXYN – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.41 and traded as high as $0.45. The Dixie Group shares last traded at $0.45, with a volume of 904 shares changing hands.

The Dixie Group Stock Performance

The stock has a market capitalization of $6.94 million, a price-to-earnings ratio of -2.25 and a beta of 1.41. The company’s fifty day simple moving average is $0.42 and its 200 day simple moving average is $0.41. The company has a quick ratio of 0.81, a current ratio of 2.54 and a debt-to-equity ratio of 3.60.

The Dixie Group Company Profile

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The Dixie Group, Inc is a manufacturer and marketer of carpets and rugs for residential and commercial applications. Its product portfolio includes broadloom carpet, modular carpet and area rugs designed for use in homes, hospitality settings, offices and other commercial interiors.

The company markets its products under brands including Fabrica, Masland and Dixie Home. These brands serve different segments of the premium and designer flooring markets, with offerings distributed through flooring retailers, interior designers, distributors and other industry channels.

Founded in 1920, The Dixie Group has longstanding roots in the U.S.

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