Dixie Group (DXYN) Receiving Somewhat Critical News Coverage, Study Shows

News stories about Dixie Group (NASDAQ:DXYN) have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dixie Group earned a daily sentiment score of -0.06 on Accern’s scale. Accern also gave media coverage about the textile maker an impact score of 45.9220941232838 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of equities analysts have weighed in on the company. Zacks Investment Research lowered Dixie Group from a “hold” rating to a “strong sell” rating in a research note on Monday, November 13th. ValuEngine lowered Dixie Group from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd.

Dixie Group (NASDAQ DXYN) traded up $0.10 during midday trading on Tuesday, reaching $3.15. The company’s stock had a trading volume of 14,400 shares, compared to its average volume of 16,299. The firm has a market capitalization of $49.23, a price-to-earnings ratio of -17.50 and a beta of 0.26. The company has a debt-to-equity ratio of 1.46, a current ratio of 2.61 and a quick ratio of 0.81. Dixie Group has a one year low of $2.90 and a one year high of $5.20.

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About Dixie Group

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.

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