Digital Brands Group Inc. (NASDAQ: DBGI) is -33.65% lower on its value in year-to-date trading and has touched a low of $2.38 and a high of $208.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DBGI stock was last observed hovering at around $2.99 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $2.80, the stock is -23.28% and -31.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -6.35% at the moment leaves the stock -85.83% off its SMA200. DBGI registered -97.59% loss for a year compared to 6-month loss of -80.72%.
The stock witnessed a -25.13% gain in the last 1 month and extending the period to 3 months gives it a -71.28%, and is -8.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 18.43% over the week and 15.24% over the month.
Digital Brands Group Inc. (DBGI) has around 58 employees, a market worth around $9.91M and $14.60M in sales. Distance from 52-week low is 17.65% and -98.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-259.50%).
The EPS is expected to shrink by -311.60% this year.
Digital Brands Group Inc. (DBGI) Top Institutional Holders
The shares outstanding are 3.50M, and float is at 3.46M with Short Float at 5.21%.