The Dixie Group (DXYN) Getting Somewhat Positive Media Coverage, Study Shows

News stories about The Dixie Group (NASDAQ:DXYN) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The Dixie Group earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the textile maker an impact score of 46.6826555581742 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

DXYN has been the topic of several research analyst reports. Zacks Investment Research downgraded The Dixie Group from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. ValuEngine downgraded The Dixie Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th.

The Dixie Group (DXYN) traded up $0.05 on Tuesday, hitting $3.90. The company’s stock had a trading volume of 1,900 shares, compared to its average volume of 20,578. The Dixie Group has a 1 year low of $3.25 and a 1 year high of $5.20. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.81 and a current ratio of 2.61.

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The Dixie Group Company Profile

The Dixie Group, Inc is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers.

Insider Buying and Selling by Quarter for The Dixie Group (NASDAQ:DXYN)

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