XCel Brands (NASDAQ:XELB) Upgraded at ValuEngine
Separately, Zacks Investment Research upgraded HANNOVER RUECK/S from a sell rating to a hold rating in a report on Friday, May 17th.
NASDAQ XELB opened at $3.30 on Tuesday. The stock has a market cap of $52.97 million, a PE ratio of 16.50, a PEG ratio of 0.85 and a beta of 1.28. The company has a current ratio of 1.40, a quick ratio of 1.30 and a debt-to-equity ratio of 0.28. XCel Brands has a twelve month low of $1.00 and a twelve month high of $3.30. The business’s fifty day simple moving average is $1.52.
Institutional investors and hedge funds have recently made changes to their positions in the company. SG Capital Management LLC acquired a new stake in shares of XCel Brands during the 1st quarter worth about $43,000. Deutsche Bank AG acquired a new position in XCel Brands during the fourth quarter worth approximately $57,000. Weber Alan W acquired a new position in XCel Brands during the first quarter worth approximately $68,000. Finally, ARS Investment Partners LLC increased its position in XCel Brands by 16.9% during the first quarter. ARS Investment Partners LLC now owns 443,293 shares of the textile maker’s stock worth $754,000 after buying an additional 64,240 shares during the period. Institutional investors and hedge funds own 16.47% of the company’s stock.
About XCel Brands
Xcel Brands, Inc, together with its subsidiaries, operates as a consumer products company in the United States. The company designs, produces, licenses, markets, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the H Halston, the C Wonder, and the Highline Collective brands.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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