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Daily High to Daily Low: Is It Safe to Buy Digital Brands Group Inc. (DBGI)?

Digital Brands Group Inc. (NASDAQ:DBGI) went up by 11.96% from its latest closing price compared to the recent 1-year high of $208.00. The company’s stock price has collected -23.96% 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.”

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DBGI currently public float of 3.46M and currently shorts hold a 5.21% ratio of that float. Today, the average trading volume of DBGI was 2.37M shares.

DBGI’s Market Performance

DBGI stocks went down by -23.96% for the week, with a monthly drop of -31.65% and a quarterly performance of -69.40%, while its annual performance rate touched -98.07%. The volatility ratio for the week stands at 13.77% while the volatility levels for the past 30 days are set at 13.96% for Digital Brands Group Inc. The simple moving average for the period of the last 20 days is -21.96% for DBGI stocks with a simple moving average of -85.89% for the last 200 days.

DBGI Trading at -30.12% 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 -98.62% of loss for the given period.

Volatility was left at 13.96%, however, over the last 30 days, the volatility rate increased by 13.77%, as shares sank -20.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.57% lower at present.

During the last 5 trading sessions, DBGI fell by -12.15%, which changed the moving average for the period of 200-days by -97.70% in comparison to the 20-day moving average, which settled at $3.65. In addition, Digital Brands Group Inc. saw -39.10% 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. Equity return is now at value 265.90, with -88.80 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.

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