The stock of Dixie Group, Inc. (DXYN, Financial) experienced a significant decline of 5.74% on the US OTC market. The stock is currently priced at $0.575 per share, with a trading volume of 21,509 shares and a turnover rate of 0.14%. The stock's amplitude reached 6.56%.
Recent financial reports revealed that Dixie Group recorded a revenue of $64.88 million, a net loss of $3.73 million, and an earnings per share (EPS) of -$0.27. The company reported a gross profit of $15.93 million and holds a price-to-earnings (P/E) ratio of -3.47. Currently, there are no institutional ratings suggesting a "buy," "hold," or "sell" stance on the stock.
The textile manufacturing industry, where Dixie Group operates, saw an overall decline of 2.69%. Within this sector, stocks like Yihua Lifestyle, Culp, Inc., and Albany International showed notable gains and were more active, with turnover rates of 0.42%, 0.16%, and 0.03%, respectively. The stocks with significant amplitude were Culp, Inc. at 2.76%, Yihua Lifestyle at 2.47%, and Albany International at 1.34%.
Dixie Group, Inc. is a company specializing in carpets and car mats, focusing on marketing, manufacturing, and selling finished carpets, car mats, and luxury vinyl flooring in the domestic market. The company operates primarily in the soft floor covering market and sells products under brands like Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, and Masland Contract.
