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 $0.43. The Dixie Group shares last traded at $0.43, with a volume of 23,368 shares changing hands.
The Dixie Group Stock Performance
The business’s 50 day moving average price is $0.40 and its two-hundred day moving average price is $0.41. The company has a market capitalization of $6.31 million, a price-to-earnings ratio of -2.05 and a beta of 1.44. The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.81 and a current ratio of 2.54.
About The Dixie Group
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.
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