Digital Brands Group Inc [NASDAQ: DBGI] jumped around 0.02 points on Thursday, while shares priced at $0.12 at the close of the session, up 17.90%.
Compared to the average trading volume of 13.61M shares, DBGI reached a trading volume of 57662643 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about Digital Brands Group Inc [DBGI]?
The Average True Range (ATR) for Digital Brands Group Inc is set at 0.05, with the Price to Sales ratio for DBGI stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 23.09, with the Price to Cash per share for the same quarter was set at 0.01.
How has DBGI stock performed recently?
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 -9.33. With this latest performance, DBGI shares dropped by -52.21% in over the last four-week period, additionally sinking by -94.37% over the last 6 months – not to mention a drop of -96.81% 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 40.69, with the RSI for the last a single of trading hit 44.12, and the three-weeks RSI is set at 38.07 for Digital Brands Group Inc [DBGI]. The present Moving Average for the last 50 days of trading for this stock 0.2649, while it was recorded at 0.1262 for the last single week of trading, and 1.8855 for the last 200 days.
Digital Brands Group Inc [DBGI]: Deeper insight into the fundamentals
Digital Brands Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.06 and a Current Ratio set at 0.29.
