Dixie Group Inc. (NASDAQ: DXYN) is -28.80% lower on its value in year-to-date trading and has touched a low of $0.46 and a high of $1.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DXYN stock was last observed hovering at around $0.68 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $0.53, the stock is -24.84% and -26.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -22.32% at the moment leaves the stock -22.02% off its SMA200. DXYN registered -18.58% loss for a year compared to 6-month gain of 10.12%. The firm has a 50-day simple moving average (SMA 50) of $0.721 and a 200-day simple moving average (SMA200) of $0.6782.
The stock witnessed a -28.71% loss in the last 1 month and extending the period to 3 months gives it a -15.86%, and is -25.86% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.09% over the week and 13.76% over the month.
Dixie Group Inc. (DXYN) has around 970 employees, a market worth around $8.15M and $271.01M in sales. Profit margin for the company is -0.43%. Distance from 52-week low is 15.24% and -46.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.87%).
36.0 institutions hold shares in Dixie Group Inc. (DXYN), with institutional investors hold 26.41% of the company’s shares. The shares outstanding are 14.41M, and float is at 12.03M with Short Float at 0.14%. Institutions hold 23.01% of the Float.
The top institutional shareholder in the company is GENDELL JEFFREY L with over 1.39 million shares valued at $0.91 million. The investor’s holdings represent 9.3702 of the DXYN Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 0.28 million shares valued at $0.19 million to account for 1.9158 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.26 million shares representing 1.7234 and valued at over $0.17 million, while VANGUARD GROUP INC holds 1.2709 of the shares totaling 0.19 million with a market value of $0.12 million.
