Digital Brands Group (NASDAQ:DBGI) Stock Rating Upgraded by Wall Street Zen

Wall Street Zen upgraded shares of Digital Brands Group (NASDAQ:DBGI - Free Report) from a sell rating to a hold rating in a research note issued to investors on Friday.

Digital Brands Group Trading Up 7.6%

DBGI stock traded up $1.04 during midday trading on Friday, hitting $14.74. 6,118 shares of the company's stock were exchanged, compared to its average volume of 147,382. The business has a 50-day simple moving average of $9.85 and a two-hundred day simple moving average of $5.91. The company has a current ratio of 0.29, a quick ratio of 0.06 and a debt-to-equity ratio of 7.88. The stock has a market capitalization of $61.13 million, a PE ratio of -0.02 and a beta of 0.16. Digital Brands Group has a 1-year low of $1.03 and a 1-year high of $106.50.

Digital Brands Group Company Profile

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.