Digital Brands Group Resumes Trading Amid Financial Challenges

Digital Brands Group (DBGI) has resumed trading after halting, with a focus on fashion and lifestyle products. The company has a mixed financial health, with declining revenue growth and significant losses. Revenue was $8.71 million with a one-year decline of 92.5%. Operating and net margins are -117.94% and -150.7%, respectively. The Altman Z-Score is -6.89, indicating a high risk of bankruptcy. The Piotroski F-Score is 2, suggesting poor business operations. The company faces stiff competition and has a low P/S ratio but a premium P/B ratio. Technical indicators and institutional ownership provide insights into market sentiment.