×
News Home

Is Dixie Group Inc (DXYN) Stock About to Get Hot Friday?

Friday, September 10, 2021 11:15 AM | InvestorsObserver Analysts
Is Dixie Group Inc (DXYN) Stock About to Get Hot Friday?

Dixie Group Inc (DXYN) stock has gained 16.17% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Dixie Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DXYN!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With DXYN Stock Today?

Dixie Group Inc (DXYN) stock has gained 12.96% while the S&P 500 has fallen -0.26% as of 11:11 AM on Friday, Sep 10. DXYN is up $0.58 from the previous closing price of $4.45 on volume of 221,577 shares. Over the past year the S&P 500 has gained 31.86% while DXYN is up 452.75%. DXYN earned $0.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 41.9. To see InvestorsObserver's Sentiment Score for Dixie Group Inc click here.

More About Dixie Group Inc

The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality. Click Here to get the full Stock Report for Dixie Group Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App