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Tuesday, September 26, 2023

Is Digital Brands Group Inc. (NASDAQ: DBGI) The Best Stock To Invest In?

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Digital Brands Group Inc. (DBGI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.52, or -4.40%, to $11.30. The Digital Brands Group Inc. has recorded 7,505 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that DBG Announces $5.0 Million Private Placement Priced At-The-Market under Nasdaq Rules.

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Stocks Info

Digital Brands Group Inc. is listed on the NASDAQ in the Consumer Cyclical sector while operating in the Apparel Retail industry. At the end of the last regular session, the stock closed at $11.82 and fluctuated between $14.18 as its day high and $9.64 as its day low. The current market capitalization of Digital Brands Group Inc. is $3.77M. A total of 0.92 million shares were traded on the day, compared to an average of 133.69K shares.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, DBGI has a high of $374.75 and a low of $7.34.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. DBGI’s latest balance sheet shows that the firm has $528.39k in Cash & Short Term Investments as of fiscal 2021. There were $18.62M in debt and $35.05M in liabilities at the time. Its Book Value Per Share was -$1.39, while its Total Shareholder’s Equity was -$7.09M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.

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