Dixie Group Inc. (DXYN) Drops 5.11% on January 12

Equities Staff |

Dixie Group Inc. (DXYN) was one of the Russell 2000's biggest losers for Tuesday January 12 as the stock slid 5.11% to $4.64, a loss of $-0.25 per share. Starting at an opening price of $4.84 a share, the stock traded between $4.53 and $4.84 over the course of the trading day. Volume was 31,875 shares over 161 trades, against an average daily volume of 72,726 shares and a total float of 16.01 million.

The losses send Dixie Group Inc. down to a market cap of $74.27 million. In the last year, Dixie Group Inc. has traded between $11.50 and $4.55, and its 50-day SMA is currently $5.66 and 200-day SMA is $8.92.

The Dixie Group Inc manufactures and sells carpet and rugs to high-end residential and commercial customers. The Company's brands include Fabrica, Masland Residential, Dixie Home, Masland Contract and Avant Contract.

Dixie Group Inc. is based out of Chattanooga, TN and has some 1,740 employees. Its CEO is Daniel K. Frierson.

For a complete fundamental analysis analysis of Dixie Group Inc., check out Equities.com’s Stock Valuation Analysis report for DXYN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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