The Dixie Group (DXYN) Getting Somewhat Favorable Press Coverage, Report Finds
News stories about The Dixie Group (NASDAQ:DXYN) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The Dixie Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 46.6589054808132 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several analysts recently issued reports on DXYN shares. Zacks Investment Research upgraded The Dixie Group from a “hold” rating to a “buy” rating and set a $4.75 price objective for the company in a report on Monday, August 7th. ValuEngine lowered The Dixie Group from a “hold” rating to a “sell” rating in a report on Thursday, August 24th.
The Dixie Group (NASDAQ DXYN) traded up $0.05 during midday trading on Friday, reaching $3.95. The company’s stock had a trading volume of 19,021 shares, compared to its average volume of 22,282. The Dixie Group has a one year low of $3.25 and a one year high of $5.20. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.81 and a current ratio of 2.61.
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The Dixie Group Company Profile
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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