Joe’s Jeans Inc. (DFBG) Stock Price Up 5%
Shares of Joe’s Jeans Inc. (NASDAQ:DFBG) rose 5% on Thursday . The company traded as high as $4.74 and last traded at $4.44, with a volume of 52,226 shares. The stock had previously closed at $4.23.
A number of brokerages recently issued reports on DFBG. Roth Capital began coverage on shares of Joe’s Jeans in a report on Tuesday, May 31st. They set a “buy” rating and a $6.00 price target on the stock. Zacks Investment Research raised shares of Joe’s Jeans from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a report on Monday, August 22nd.
The stock has a 50 day moving average price of $4.09 and a 200 day moving average price of $4.37. The stock has a market cap of $59.92 million and a PE ratio of 17.09.
Joe’s Jeans (NASDAQ:DFBG) last issued its quarterly earnings results on Tuesday, August 16th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.12. The firm earned $32.37 million during the quarter. On average, analysts anticipate that Joe’s Jeans Inc. will post ($0.05) EPS for the current fiscal 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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