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.
TRADEMARK VIOLATION NOTICE: This article was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another domain, it was copied illegally and republished in violation of international trademark & copyright legislation. The original version of this article can be accessed at https://www.com-unik.info/2019/03/14/xcel-brands-inc-xelb-ceo-loren-robert-w-d-purchases-42048-shares.html.
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.
Featured Article: What is the Coverage Ratio?
Receive News & Ratings for XCel Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XCel Brands and related companies with MarketBeat.com's FREE daily email newsletter.