Digital Brands Group Inc [DBGI] Revenue clocked in at $13.02 million, down -95.11% YTD: What’s Next?

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Digital Brands Group Inc [NASDAQ: DBGI] plunged by -$0.01 during the normal trading session on while it closed the day at $0.16.

Digital Brands Group Inc stock has also loss -43.53% of its value over the past 7 days. However, DBGI stock has declined by -90.43% in the 3 months of the year. Over the past six months meanwhile, it has lost -96.01% and lost -95.11% year-on date.

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The market cap for DBGI stock reached $0.61 million, with 3.79 million shares outstanding and 3.79 million shares in the current float. Compared to the average trading volume of 395.87K shares, DBGI reached a trading volume of 1745996 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Digital Brands Group Inc [DBGI]:

The Average True Range (ATR) for Digital Brands Group Inc is set at 0.07, with the Price to Sales ratio for DBGI stock in the period of the last 12 months amounting to 0.05. The Price to Book ratio for the last quarter was 0.13, with the Price to Cash per share for the same quarter was set at 0.02.

DBGI stock trade performance evaluation

Digital Brands Group Inc [DBGI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -43.53. With this latest performance, DBGI shares dropped by -71.36% in over the last four-week period, additionally sinking by -96.01% over the last 6 months – not to mention a drop of -97.42% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DBGI stock in for the last two-week period is set at 18.91, with the RSI for the last a single of trading hit 12.31, and the three-weeks RSI is set at 23.78 for Digital Brands Group Inc [DBGI]. The present Moving Average for the last 50 days of trading for this stock 0.6577, while it was recorded at 0.1825 for the last single week of trading, and 2.2108 for the last 200 days.

Digital Brands Group Inc [DBGI]: An insightful look at the core fundamentals

Digital Brands Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.07 and a Current Ratio set at 0.31.

Digital Brands Group Inc [DBGI]: Institutional Ownership