Joe’s Jeans Inc. (DFBG) Stock Price Up 5%
Joe’s Jeans Inc. (NASDAQ:DFBG) shares rose 5% on Thursday . The stock traded as high as $4.74 and last traded at $4.44, with a volume of 52,226 shares trading hands. The stock had previously closed at $4.23.
DFBG has been the subject of several analyst reports. Roth Capital initiated coverage on shares of Joe’s Jeans in a research note on Tuesday, May 31st. They issued a “buy” rating and a $6.00 target price for the company. Zacks Investment Research raised shares of Joe’s Jeans from a “hold” rating to a “buy” rating and set a $5.50 price objective for the company in a research note on Monday.
The company has a market capitalization of $57.56 million and a P/E ratio of 16.42. The company’s 50-day moving average price is $4.00 and its 200-day moving average price is $4.38.
Joe’s Jeans (NASDAQ:DFBG) last issued its quarterly earnings results on Tuesday, August 16th. The company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.12. The business had revenue of $32.37 million for the quarter. On average, analysts forecast that Joe’s Jeans Inc. will post ($0.05) earnings per share for the current year.
Differential Brands Group Inc, formerly Joe’s Jeans Inc, is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company’s principal apparel products bear the Hudson and the Robert Graham brand names. The Company’s segments are Wholesale and Retail.
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