Dixie traded at $0.36 this Monday September 28th, decreasing $0.10 or 22.36 percent since the previous trading session. Looking back, over the last four weeks, Dixie lost 26.24 percent. Over the last 12 months, its price fell by 50.19 percent. Looking ahead, we forecast Dixie to be priced at 0.45 by the end of this quarter and at 0.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Dixie Group, Inc. is engaged in marketing, manufacturing and selling floorcovering products to residential and commercial customers through various sales forces and brands. The Company's brands include Fabrica, Masland Residential, Dixie Home and AtlasMasland. Fabrica markets and manufactures luxurious residential carpet, custom rugs, and engineered wood. Masland Residential markets and manufactures design carpets, rugs, and vinyl flooring . Dixie Home provides tufted broadloom carpet and rugs. AtlasMasland includes products marketed to the architectural and specified design community and directly to commercial end user as well as to consumers through specialty floorcovering retailers. The Company has also launched TRUCOR and TRUCOR Prime offering luxury vinyl flooring (LVF) products.