Joe’s Jeans Inc. (NASDAQ:DFBG)’s share price hit a new 52-week low on Wednesday . The stock traded as low as $2.52 and last traded at $2.85, with a volume of 19,232 shares trading hands. The stock had previously closed at $2.52.

Separately, Roth Capital began coverage on Joe’s Jeans in a research report on Tuesday, May 31st. They issued a “buy” rating and a $6.00 price target for the company.

The company has a market capitalization of $35.28 million and a P/E ratio of 10.0806. The firm’s 50-day moving average is $3.71 and its 200 day moving average is $4.74.

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.