Digital Brands Group Inc. (NASDAQ:DBGI) went down by -10.99% from its latest closing price compared to the recent 1-year high of $8.80. The company’s stock price has collected -10.23% of loss in the last five trading sessions.
Is It Worth Investing in Digital Brands Group Inc. (NASDAQ :DBGI) Right Now?
Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for Digital Brands Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
DBGI currently public float of 10.20M and currently shorts hold a 9.88% ratio of that float. Today, the average trading volume of DBGI was 4.11M shares.
DBGI’s Market Performance
DBGI stocks went down by -10.23% for the week, with a monthly drop of -15.77% and a quarterly performance of -89.20%, while its annual performance rate touched -94.31%. The volatility ratio for the week stands at 14.42% while the volatility levels for the past 30 days are set at 13.77% for Digital Brands Group Inc. The simple moving average for the period of the last 20 days is 0.11% for DBGI stocks with a simple moving average of -89.65% for the last 200 days.
DBGI Trading at -60.66% from the 50-Day Moving Average
After a stumble in the market that brought DBGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.83% of loss for the given period.
Volatility was left at 13.77%, however, over the last 30 days, the volatility rate increased by 14.42%, as shares sank -4.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -84.70% lower at present.
During the last 5 trading sessions, DBGI fell by -10.23%, which changed the moving average for the period of 200-days by -93.69% in comparison to the 20-day moving average, which settled at $0.1905. In addition, Digital Brands Group Inc. saw -91.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DBGI
Current profitability levels for the company are sitting at:
- -252.93 for the present operating margin
- +22.08 for the gross margin
The net margin for Digital Brands Group Inc. stands at -426.61.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.