XCel Brands Inc (XELB) CEO Loren Robert W. D Purchases 42,048 Shares

XCel Brands Inc (NASDAQ:XELB) CEO Loren Robert W. D bought 42,048 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were acquired at an average price of $1.50 per share, with a total value of $63,072.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shares of XCel Brands stock traded up $0.05 during trading hours on Thursday, hitting $1.78. 11,977 shares of the company were exchanged, compared to its average volume of 14,151. XCel Brands Inc has a 1 year low of $1.00 and a 1 year high of $3.45. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.67 and a quick ratio of 1.59. The stock has a market capitalization of $31.99 million, a PE ratio of 19.78, a price-to-earnings-growth ratio of 0.65 and a beta of 1.42.

A number of equities research analysts have weighed in on XELB shares. Zacks Investment Research cut XCel Brands from a “buy” rating to a “hold” rating in a research note on Saturday, January 19th. ValuEngine cut XCel Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, November 20th.

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XCel Brands Company Profile

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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