Digital Brands Group Inc (NASDAQ: DBGI) is -95.85% lower on its value in year-to-date trading and has touched a low of $0.09 and a high of $12.80 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 $0.18 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.14, the stock is -15.78% and -55.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 32.04 million and changing -24.94% at the moment leaves the stock -92.94% off its SMA200. DBGI registered -96.58% loss for a year compared to 6-month loss of -94.99%. The firm has a 50-day simple moving average (SMA 50) of $0.3187 and a 200-day simple moving average (SMA200) of $1.932025.
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The stock witnessed a -33.48% gain in the last 1 month and extending the period to 3 months gives it a -86.89%, and is 18.41% up 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 35.92% over the week and 41.95% over the month.
Digital Brands Group Inc (DBGI) has around 56 employees, a market worth around $3.93M and $13.02M in sales. Profit margin for the company is -102.53%. Distance from 52-week low is 57.06% and -98.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-423.15%).
The shares outstanding are 15.82M, and float is at 15.81M with Short Float at 7.82%.
