The Dixie Group (NASDAQ:DXYN) Shares Pass Above 200 Day Moving Average – What’s Next?

Shares of The Dixie Group, Inc. (NASDAQ:DXYNGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.54 and traded as high as $0.75. The Dixie Group shares last traded at $0.75, with a volume of 1,512 shares changing hands.

The Dixie Group Stock Up 1.3%

The company has a current ratio of 2.54, a quick ratio of 0.81 and a debt-to-equity ratio of 3.60. The firm has a market cap of $11.40 million, a PE ratio of -3.74 and a beta of 2.60. The stock has a fifty day simple moving average of $0.57 and a two-hundred day simple moving average of $0.54.

The Dixie Group Company Profile

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The Dixie Group, Inc manufactures, markets, and sells floorcovering products to residential customers in North America and internationally. The company offers residential carpets, custom rugs, and engineered wood products under the Fabrica brand for interior decorators and designers, selected retailers and furniture stores, luxury home builders, and manufacturers of luxury motor coaches and yachts; and specialty carpets and rugs for the high-end residential marketplace, as well as luxury vinyl flooring products and broadloom carpet products under the Masland Residential brand name through the interior design community and specialty floorcovering retailers.

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