Digital Brands Group (NASDAQ:DBGI) Lowered to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Digital Brands Group (NASDAQ:DBGI) from a hold rating to a sell rating in a report issued on Thursday.

Digital Brands Group Stock Performance

Shares of Digital Brands Group stock opened at $13.60 on Thursday. The company has a current ratio of 0.29, a quick ratio of 0.06 and a debt-to-equity ratio of 7.88. Digital Brands Group has a 12-month low of $1.03 and a 12-month high of $106.50. The firm has a market capitalization of $56.40 million, a price-to-earnings ratio of -0.02 and a beta of 0.16. The firm’s 50 day simple moving average is $9.17 and its two-hundred day simple moving average is $5.56.

Digital Brands Group Company Profile

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.