Wall Street Was Disappointed By Digital Brands Group Inc (NASDAQ: DBGI)’s 43.93% Stock Price Incline

Digital Brands Group Inc (NASDAQ:DBGI) has a beta value of 1.01 and has seen 99.37 million shares traded in the last trading session. The company, currently valued at $0.87M, closed the last trade at $0.23 per share which meant it gained $0.07 on the day or 43.93% during that session. The DBGI stock price is -5465.22% off its 52-week high price of $12.80 and 39.13% above the 52-week low of $0.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.01 million shares traded. The 3-month trading volume is 614.27K shares.

Digital Brands Group Inc (NASDAQ:DBGI) trade information

Sporting 43.93% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the DBGI stock price touched $0.23 or saw a rise of 26.02%. Year-to-date, Digital Brands Group Inc shares have moved -92.97%, while the 5-day performance has seen it change 12.20%. Over the past 30 days, the shares of Digital Brands Group Inc (NASDAQ:DBGI) have changed -54.00%. Short interest in the company has seen 96393.0 shares shorted with days to cover at 0.35.

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Digital Brands Group Inc (DBGI) estimates and forecasts

The company’s shares have lost -92.99% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 55.29% over the past 5 years.

DBGI Dividends

Digital Brands Group Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . As of Aug 31, 2024 , the former fund manager holds about 0.28% shares in the company for having 10.62 shares of worth $2443.0 while later fund manager owns 3.26 shares of worth $750.0 as of Jun 30, 2024 , which makes it owner of about 0.09% of company’s outstanding stock.