Taking this into account, JMP Securities initiated its DigitalBridge Group Inc [DBRG] rating to a Mkt outperform in a research note published on January 27, 2025; the price target was $16. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early November from “an Outperform” to “a Mkt perform”. JP Morgan revised its rating on September 28, 2023. It rated DBRG as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of DBRG
On Monday, DigitalBridge Group Inc [NYSE:DBRG] saw its stock fall -0.63% to $7.89. Over the last five days, the stock has gained 3.41%. DigitalBridge Group Inc shares have fallen nearly -30.05% since the year began. Nevertheless, the stocks have fallen -54.99% over the past one year. While a 52-week high of $17.83 was reached on 02/20/25, a 52-week low of $6.41 was recorded on 04/09/25. SMA at 50 days reached $9.52, while 200 days put it at $12.11.
Levels Of Support And Resistance For DBRG Stock
The 24-hour chart illustrates a support level at 7.78, which if violated will result in even more drops to 7.67. On the upside, there is a resistance level at 7.96. A further resistance level may holdings at 8.03. The Relative Strength Index (RSI) on the 14-day chart is 42.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.16%. Stochastics %K at 53.01% indicates the stock is a holding.
How much short interest is there in DigitalBridge Group Inc?
A steep rise in short interest was recorded in DigitalBridge Group Inc stocks on 2025-03-31, growing by 0.37 million shares to a total of 14.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 14.12 million shares. There was a rise of 2.53%, which implies that there is a positive sentiment for the stock.
