Digital Brands Group Inc. (NASDAQ:DBGI) currently has a daily average trading volume of 326.37K but it saw 8023698 shares traded on Wednesday. With a market cap of 2.90M USD, stock’s current market price of $5.28 came rising about 23.36 while comparing to the previous closing price of $4.28. In past 52 weeks, the stock remained buoying in the range of price level as high as $321.30 and as low as $3.21. In the recent trading on the day, stock has struck highest price mark of $6.60 while lowest mark touched by it was $3.70.
Taking a look at 20-day trading activity of Digital Brands Group Inc. (DBGI) gives us an average price of $5.71, while its current price level is -98.36% below from 52-week high level whereas it is 64.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.11 while that of 200 days or SMA-200 reads an average of $46.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 32.52% during that period while stretching the period over a month that decreases to 29.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.56 which implies that the stock is in neutral territory.
Over the week, DBGI’s stock price is moving 28.47% up while it is -35.61% when we observe its performance for the past one month. Year-to-date it is -97.70% down and over the past year, the stock is showing a downside performance of -98.26%.
Currently, Digital Brands Group Inc.’s total number of outstanding shares is 0.54M with 6.86% of that held by the insiders while 10.02% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -259.50%. Stock has a price to sale or P/S ratio amounts to 0.22.