Digital Brands Group (NASDAQ:DBGI) Trading 4.4% Higher – Still a Buy?

Shares of Digital Brands Group, Inc. (NASDAQ:DBGIGet Free Report) were up 4.4% during mid-day trading on Thursday . The company traded as high as $6.58 and last traded at $6.36. Approximately 46,493 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 80,850 shares. The stock had previously closed at $6.09.

Digital Brands Group Trading Up 4.4 %

The company has a market cap of $5.34 million, a price-to-earnings ratio of -0.01 and a beta of 0.65. The company has a debt-to-equity ratio of 7.88, a quick ratio of 0.06 and a current ratio of 0.29. The business’s 50 day moving average price is $3.00 and its 200-day moving average price is $9.82.

About Digital Brands Group

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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.

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