How to Buy Dixie Group Stock
Dixie Group Inc
The Dixie Group, Inc. manufactures, markets, and sells floorcovering products to residential customers in North America and internationally.
Dixie Group stock last closed at $0.68, up 30.46% from the previous day, and has decreased 2.71% in one year. It has overperformed other stocks in the Textile Manufacturing industry by 0.09 percentage points. Dixie Group stock is currently +48.04% from its 52-week low of $0.46, and -49.93% from its 52-week high of $1.36.
There are currently 15.53M DXYN shares outstanding. The market value of DXYN is $10.58M. In the past 24 hours, 179,917 DXYN shares were traded.
How to Buy Dixie Group Stock
Wondering how to invest in Dixie Group stock? Here's how.
- Figure out where to buy Dixie Group stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Dixie Group stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your method of payment and add your information.
- Research Dixie Group stock: The Dixie Group ticker symbol is DXYN. Is Dixie Group stock a good investment? Should you buy shares of DXYN? How do DXYN's underlying business fundamentals look? Do top analysts think Dixie Group is a good buy? Why has DXYN's stock price moved recently? (Hint: Our stock analysis website can help you figure out if DXYN is a good stock to buy).
- Make your DXYN buy order: Decide if you will purchase DXYN shares at the current market price or use a limit order to purchase DXYN shares at a given price.
- Watch your DXYN position: Create a watchlist to the latest updates on your position in Dixie Group stock.
Step 1: Figure out where to buy Dixie Group stock
You will need an online brokerage account in order to access the NASDAQ market and buy DXYN shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best brokerage. Here's why:
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
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- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy DXYN today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock app to use, you can securely and quickly fund your account:
Check out the video below for more details depositing money into your investment account.
Step 4: Research Dixie Group stock
After you have identified the best place to buy Dixie Group stock, it's important to evaluate their stock before you buy, so you can wrap your head around the risk as well as the upside.
Overview of key DXYN info
Dixie Group Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on DXYN's stock page.
How is DXYN stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge DXYN's fair value.
Using relative valuations methods:
- DXYN could be undervalued based on its P/B ratio of 0.36x, relative to Textile Manufacturing industry P/B ratio of 2.03x
You can access additional valuation analysis on DXYN's stock here.
A look at DXYN Cashflows and Balance Sheet
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the DXYN balance sheet.
- DXYN profit margin has gone up from -11.6% to -1% in the past year.
Negative Health Checks:
- DXYN's operating cash flow of $4.21M allows it to safely service it's debt of $112.08M.
- DXYN earnings of $4.71M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the DXYN balance sheet.
- DXYN has a relatively high debt to equity ratio of 5.53.
- Total DXYN debt is higher than 5 years ago, relative to shareholder equity.
DXYN Technical Indicators
DXYN Revenue
Last year, DXYN revenue was $276.34M. In the last 5 year, DXYN's revenue has increased by -7.36% per year. This was slower than the Textile Manufacturing industry average of 3.04%.
You can analyze DXYN's earnings and revenue performance here.
Are DXYN executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at DXYN have bought more shares than they have sold.
William F. Blue Jr., Director of DXYN, was the latest DXYN insider to buy. They bought $4,160.00 worth of DXYN stock on May 1, 2024.
Research more about who owns DXYN shares here.
Does DXYN stock generate passive income?
No, Dixie Group doesn't provide an income stream by paying out dividends.
DXYN Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your DXYN buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.
Press the Open Trade button and eToro will place the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your DXYN position
Now that you own some shares in DXYN, you'll want to keep up with your investment.
Create a watchlist to get notified of important updates regarding your DXYN stock.
DXYN Feed
How to Buy Stock in Dixie Group
To reiterate, here are the 6 steps for buying Dixie Group stock:
- Figure out where to buy Dixie Group stock
- Create your brokerage account
- Deposit money your investment account
- Research Dixie Group stock
- Make your DXYN buy order
- Watch your DXYN position
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Dixie Group, add DXYN to your watchlist below.
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