The Dixie Group (NASDAQ:DXYN) Stock Falls 9.9% – Here’s What Happened

The Dixie Group, Inc. (NASDAQ:DXYN – Get Free Report) traded down 9.9% during trading on Friday. The stock traded as low as $0.3491 and last traded at $0.3491. 873 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 11,158 shares. The stock had previously closed at $0.3875.

The Dixie Group Stock Performance

The company’s 50-day moving average price is $0.40 and its 200 day moving average price is $0.41. The company has a debt-to-equity ratio of 3.60, a quick ratio of 0.81 and a current ratio of 2.54. The stock has a market capitalization of $5.38 million, a PE ratio of -1.75 and a beta of 1.62.

About The Dixie Group

(Get Free Report)

The Dixie Group, Inc is a manufacturer and marketer of high-end carpets, rugs and other textile floorcovering products. The company serves residential, hospitality, commercial and specialty markets, with products designed for use in homes, hotels, offices and other interior environments.

The company’s portfolio has included the Dixie Home, Masland and Fabrica brands. Its offerings include broadloom and custom carpets, area rugs, and related floorcovering products, with an emphasis on design, quality and specialized manufacturing for premium interior applications.

The Dixie Group traces its history to the early 20th century and has operated within the U.S.

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