DBI - Watch for Continued Gains in Shares of Designer Brands Inc. Class A (DBI)

Shares of Designer Brands Inc. Class A (NYSE:DBI) traded at a new 52-week high today of $20.04. So far today approximately 594,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.

Designer Brands Inc. Class A share prices have moved between a 52-week high of $20.04 and a 52-week low of $4.17 and are now trading 375% above that low price at $19.81 per share.

Designer Brands Inc. Class A (NYSE:DBI) is currently priced 4.3% above its average consensus analyst price target of $18.96.

Designer Brands Inc is a retailer engaged in branded footwear in the United States. It offers a wide selection of brand name and designer dress, casual, and athletic footwear for women and men. Group functions through U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment includes stores operated in the U.S. under the DSW Designer Shoe Warehouse banner and its related e-commerce site. The Canada Retail segment includes stores operated in Canada under The Shoe Company, Shoe Warehouse, DSW Designer Shoe Warehouse banners and related e-commerce sites. The Brand Portfolio segment is engaged in sale of wholesale products to retailers and sale of branded products on direct-to-consumer e-commerce sites and other activities.

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