Media coverage about XCel Brands (NASDAQ:XELB) has been trending somewhat positive on Tuesday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. XCel Brands earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news stories about the textile maker an impact score of 44.902701765356 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
XELB has been the topic of a number of recent analyst reports. ValuEngine raised shares of XCel Brands from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. B. Riley reissued a “buy” rating and issued a $4.50 price objective on shares of XCel Brands in a research report on Friday, November 10th. Finally, DA Davidson initiated coverage on shares of XCel Brands in a research report on Thursday, February 8th. They issued a “buy” rating and a $5.00 price objective on the stock.
Shares of XCel Brands (NASDAQ XELB) traded down $0.10 during trading hours on Tuesday, hitting $3.05. 3,300 shares of the company’s stock were exchanged, compared to its average volume of 9,691. XCel Brands has a 52 week low of $1.80 and a 52 week high of $5.00. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.54 and a current ratio of 2.54. The stock has a market cap of $58.14, a P/E ratio of 21.79 and a beta of 0.50.
Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.
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