Digital Brands Group Inc (NASDAQ: DBGI) is -96.29% 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 $0.13 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.12, the stock is 2.22% and -49.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.92 million and changing -4.49% at the moment leaves the stock -93.43% off its SMA200. DBGI registered -96.28% loss for a year compared to 6-month loss of -93.51%. The firm has a 50-day simple moving average (SMA 50) of $0.23886 and a 200-day simple moving average (SMA200) of $1.847195.
The stock witnessed a -49.88% gain in the last 1 month and extending the period to 3 months gives it a -83.49%, and is 22.53% 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 22.55% over the week and 28.18% over the month.
Digital Brands Group Inc (DBGI) has around 56 employees, a market worth around $4.47M and $12.20M in sales. Profit margin for the company is -93.87%. Distance from 52-week low is 40.39% and -99.05% from its 52-week high. The company has generated returns on investments over the last 12 months (-2372.67%).
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Digital Brands Group Inc (DBGI) Top Institutional Holders
The shares outstanding are 38.61M, and float is at 38.61M with Short Float at 3.20%.
Digital Brands Group Inc (DBGI) Insider Activity
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