Upward Trajectory: Digital Brands Group Inc (DBGI) Posts a Gaine%, Closing at $6.9

Kevin Freeman

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The closing price of Digital Brands Group Inc (NASDAQ: DBGI) was $6.9 for the day, up 57.71% from the previous closing price of $4.38. In other words, the price has increased by $57.71 from its previous closing price. On the day, 4.08 million shares were traded. DBGI stock price reached its highest trading level at $6.99 during the session, while it also had its lowest trading level at $4.7301.

Ratios:

Our analysis of DBGI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 0.90 whereas as Long-Term Debt/Eq ratio is at 0.15.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DBGI now has a Market Capitalization of 30990116 and an Enterprise Value of 36849948. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 4.233 whereas that against EBITDA is -4.405.

Stock Price History:

The Beta on a monthly basis for DBGI is 0.30, which has changed by -0.56875 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, DBGI has reached a high of $30.34, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is -29.72%, while the 200-Day Moving Average is calculated to be -10.37%.

Shares Statistics:

DBGI traded an average of 140.95K shares per day over the past three months and 1033410 shares per day over the past ten days. A total of 4.49M shares are outstanding, with a floating share count of 4.49M. Insiders hold about 0.00% of the company’s shares, while institutions hold 0.03% stake in the company. Shares short for DBGI as of 1756425600 were 58686 with a Short Ratio of 0.42, compared to 1731628800 on 2480. Therefore, it implies a Short% of Shares Outstanding of 58686 and a Short% of Float of 1.3099999.

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