DigitalBridge Group Inc (NYSE:DBRG) shares, rose in value, with the stock price down by -1.74% to the previous day’s close as strong demand from buyers drove the stock to $10.71.
Actively observing the price movement in the last trading, the stock closed the session at $10.90. The PE ratio was 236.95 over 12-month period. Referring to stock’s 52-week performance, its high was $19.49, and the low was $10.03. On the whole, DBRG has fluctuated by 1.61% over the past month.
With the market capitalization of DigitalBridge Group Inc currently standing at about $2.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.04, with its dividend yield at 0.37%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 407.35M, with a low estimate of 88M and a high estimate of 134.1M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 102.29M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that DBRG’s technical picture suggests that short-term indicators denote the stock is a 75% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.26, with the price of DBRG currently trading nearly -2.58% and -2.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.33, while the 7-day volatility ratio is showing 4.13% which for the 30-day chart, stands at 5.17%. Furthermore, DigitalBridge Group Inc (DBRG)’s beta value is 1.62, and its average true range (ATR) is 0.57.
A comparison of DigitalBridge Group Inc (DBRG) with its peers suggests the former has fared considerably weaker in the market. DBRG showed an intraday change of -1.74% in last session, and over the past year, it shrunk by -42.26%%.
Data on historical trading for DigitalBridge Group Inc (NYSE:DBRG) indicates that the trading volumes over the past 3 months, they’ve averaged 2.35 million. According to company’s latest data on outstanding shares, there are 174.20 million shares outstanding.
Nearly 1.18% of DigitalBridge Group Inc’s shares belong to company insiders and institutional investors own 96.47% of the company’s shares. The stock has fallen by -5.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the DBRG stock heading into the next quarter.
