Equities analysis analysts at StockNews.com started protection on shares of The Dixie Group (NASDAQ:DXYN – Get Score) in a analysis observe issued on Thursday. The brokerage set a “maintain” score on the textile maker’s inventory.
Individually, TheStreet downgraded shares of The Dixie Group from a “c-” score to a “d” score in a analysis report on Friday, August twelfth.
The Dixie Group Buying and selling Up 8.0 %
Shares of NASDAQ:DXYN opened at $1.21 on Thursday. The Dixie Group has a 12-month low of $1.12 and a 12-month excessive of $6.98. The inventory has a market cap of $19.41 million, a PE ratio of -2.37 and a beta of two.56. The enterprise has a 50 day shifting common of $1.42 and a 200-day shifting common of $2.42. The corporate has a fast ratio of 1.07, a present ratio of two.87 and a debt-to-equity ratio of 1.42.
Institutional Traders Weigh In On The Dixie Group
Numerous hedge funds and different institutional buyers have not too long ago made adjustments to their positions within the enterprise. Truist Monetary Corp raised its place in shares of The Dixie Group by 15.0% within the second quarter. Truist Monetary Corp now owns 57,500 shares of the textile maker’s inventory valued at $74,000 after shopping for a further 7,500 shares within the final quarter. Hodges Capital Administration Inc. raised its place in The Dixie Group by 0.4% in the course of the second quarter. Hodges Capital Administration Inc. now owns 2,248,873 shares of the textile maker’s inventory valued at $2,879,000 after buying a further 9,600 shares within the final quarter. Royce & Associates LP raised its place in The Dixie Group by 1.5% in the course of the first quarter. Royce & Associates LP now owns 899,472 shares of the textile maker’s inventory valued at $2,788,000 after buying a further 13,341 shares within the final quarter. Acadian Asset Administration LLC raised its place in The Dixie Group by 14.4% in the course of the fourth quarter. Acadian Asset Administration LLC now owns 146,409 shares of the textile maker’s inventory valued at $837,000 after buying a further 18,466 shares within the final quarter. Lastly, First Eagle Funding Administration LLC raised its place in The Dixie Group by 306.5% in the course of the fourth quarter. First Eagle Funding Administration LLC now owns 62,277 shares of the textile maker’s inventory valued at $357,000 after buying a further 46,955 shares within the final quarter. 57.03% of the inventory is at present owned by institutional buyers and hedge funds.
About The Dixie Group
The Dixie Group, Inc manufactures, markets, and sells floorcovering merchandise to residential clients in North America and internationally. It affords residential carpets, customized rugs, and engineered wooden merchandise beneath the Fabrica model for inside decorators and designers, chosen retailers and furnishings shops, luxurious dwelling builders, and producers of luxurious motor coaches and yachts; and specialty carpets and rugs for the high-end residential market, in addition to luxurious vinyl flooring merchandise and broadloom carpet merchandise beneath the Masland Residential model title by means of the inside design neighborhood and specialty floorcovering retailers.
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