Destination XL Group Inc. (DXLG) had a good day on the market for Friday October 25 as shares jumped 6.98% to close at $1.38. About 51,229 shares traded hands on 296 trades for the day, compared with an average daily volume of n/a shares out of a total float of 49.96 million. After opening the trading day at $1.29, shares of Destination XL Group Inc. stayed within a range of $1.39 to $1.25.
With today’s gains, Destination XL Group Inc. now has a market cap of $68.94 million. Shares of Destination XL Group Inc. have been trading within a range of $3.52 and $1.28 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.
Destination XL Group Inc is a retailer of branded and designer men’s clothing and footwear in the United States. The company sells shirts, outerwear, suits, sleepwear, footwear and other accessories through branded stores like Polo, Reebok, Oak Hill, Robert Graham, Lacoste, Levi’s and True Nation. It also sells products across the world.
Destination XL Group Inc. is based out of Canton, MA and has some 2,543 employees. Its CEO is Harvey S. Kanter.
Destination XL Group Inc. is also a component of the Russell 2000. 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.
