Let’s start up with the current stock price of DigitalBridge Group Inc. (DBRG), which is $7.96 to be very precise. The Stock rose vividly during the last session to $8.02 after opening rate of $7.60 while the lowest price it went was recorded $7.55 before closing at $7.56.Recently in News on November 16, 2021, DigitalBridge Announces Exchange with Holders of $106 Million of Exchangeable Notes. DigitalBridge Group, Inc. (“DigitalBridge”), today announced that DigitalBridge and DigitalBridge Operating Company, LLC (the “Issuer”) entered into a privately negotiated exchange agreement (the “Early Exchange Agreement”) with certain noteholders (the “Noteholders”) of the Issuer’s 5.75% Exchangeable Senior Notes due 2025 (the “2025 Notes”), pursuant to which the Noteholders have agreed to exchange approximately $106 million in aggregate principal amount of the outstanding 2025 Notes for shares of DigitalBridge’s class A common stock, par value $0.01 per share (“Common Stock”), similar to the previous privately negotiated exchange which closed in October 2021. You can read further details here
DigitalBridge Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $8.69 on 06/21/21, with the lowest value was $4.34 for the same time period, recorded on 01/27/21.
DigitalBridge Group Inc. (DBRG) full year performance was 87.74%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, DigitalBridge Group Inc. shares are logging -8.45% during the 52-week period from high price, and 90.89% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.17 and $8.69.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 5481631 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the DigitalBridge Group Inc. (DBRG) recorded performance in the market was 65.49%, having the revenues showcasing 14.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.11B, as it employees total of 300 workers.
DigitalBridge Group Inc. (DBRG) in the eye of market guru’s
During the last month, 0 analysts gave the DigitalBridge Group Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.91, with a change in the price was noted +0.06. In a similar fashion, DigitalBridge Group Inc. posted a movement of +0.76% for the period of last 100 days, recording 3,383,410 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DBRG is recording 4.14 at the time of this writing. In addition, long term Debt to Equity ratio is set at 4.14.
DigitalBridge Group Inc. (DBRG): Stocks Technical analysis and Trends
Raw Stochastic average of DigitalBridge Group Inc. in the period of last 50 days is set at 89.01%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 82.61%. In the last 20 days, the company’s Stochastic %K was 67.19% and its Stochastic %D was recorded 64.01%.
If we look into the earlier routines of DigitalBridge Group Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 65.49%. Additionally, trading for the stock in the period of the last six months notably improved by 17.23%, alongside a boost of 87.74% for the period of the last 12 months. The shares increased approximately by 0.63% in the 7-day charts and went down by 19.52% in the period of the last 30 days. Common stock shares were driven by 14.53% during last recorded quarter.