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Digital Brands Group (NASDAQ:DBGI) Stock Price Up 49.4% - Should You Buy?

Digital Brands Group logo with Retail/Wholesale background

Digital Brands Group, Inc. (NASDAQ:DBGI - Get Free Report) shares traded up 49.4% during trading on Tuesday . The company traded as high as $14.94 and last traded at $13.89. 123,664 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 146,274 shares. The stock had previously closed at $9.30.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Digital Brands Group from a "hold" rating to a "sell" rating in a report on Thursday.

View Our Latest Analysis on DBGI

Digital Brands Group Trading Up 10.2%

The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.06 and a current ratio of 0.29. The firm has a market capitalization of $62.16 million, a P/E ratio of -0.02 and a beta of 0.16. The firm has a 50 day moving average price of $9.17 and a two-hundred day moving average price of $5.56.

Digital Brands Group Company Profile

(Get Free Report)

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.

Further Reading

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