The Dixie Group (NASDAQ:DXYN) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

The Dixie Group, Inc. (NASDAQ:DXYNGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.57 and traded as high as $0.72. The Dixie Group shares last traded at $0.72, with a volume of 5,508 shares changing hands.

The Dixie Group Trading Up 6.2%

The firm has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.57. The company has a market capitalization of $10.99 million, a price-to-earnings ratio of -3.61 and a beta of 2.62. 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

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The Dixie Group, Inc manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company offers residential carpets, custom rugs, and engineered wood products under the Fabrica brand for interior decorators and designers, selected retailers and furniture stores, luxury home builders, and manufacturers of luxury motor coaches and yachts; and specialty carpets and rugs for the high-end residential marketplace, as well as luxury vinyl flooring products and broadloom carpet products under the Masland Residential brand name through the interior design community and specialty floorcovering retailers.

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