Digital Brands Group, Inc. (NASDAQ:DBGI - Get Free Report)'s stock price shot up 49.4% during mid-day trading on Tuesday . The stock traded as high as $14.94 and last traded at $13.89. 123,664 shares changed hands during trading, a decline of 15% from the average session volume of 146,274 shares. The stock had previously closed at $9.30.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Digital Brands Group from a "hold" rating to a "sell" rating in a report on Thursday.
Check Out Our Latest Research Report on DBGI
Digital Brands Group Stock Performance
The stock has a 50 day moving average of $9.42 and a 200 day moving average of $5.69. The company has a market capitalization of $62.16 million, a price-to-earnings ratio of -0.02 and a beta of 0.16. The company has a quick ratio of 0.06, a current ratio of 0.29 and a debt-to-equity ratio of 7.88.
About Digital Brands Group
(
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Digital Brands Group, Inc engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. It operates through DSTLD, Bailey, H&J, Stateside, and Sundry segments. The company designs, manufactures, and sells women's apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, sportswear, shirts, jackets, pants, shorts, polos, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suiting for men.
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