Digital Ally Inc (NASDAQ:DGLY) Shares Plunged -15.67% In A Week – But Can It Maintain Its Gains?

In last trading session, Digital Ally Inc (NASDAQ:DGLY) saw 0.63 million shares changing hands with its beta currently measuring 0.91. Company’s recent per share price level of $0.43 trading at $0.03 or 7.47% at ring of the bell on the day assigns it a market valuation of $2.38M. That closing price of DGLY’s stock is at a discount of -665.12% from its 52-week high price of $3.29 and is indicating a premium of 6.98% from its 52-week low price of $0.40. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.86 million shares which gives us an average trading volume of 324.09K if we extend that period to 3-months.

Digital Ally Inc (NASDAQ:DGLY) trade information

Upright in the green during last session for gaining 7.47%, in the last five days DGLY remained trading in the red while hitting it’s week-highest on Friday, 01/03/25 when the stock touched $0.43 price level, adding 34.85% to its value on the day. Digital Ally Inc’s shares saw a change of -18.14% in year-to-date performance and have moved -15.67% in past 5-day. Digital Ally Inc (NASDAQ:DGLY) showed a performance of -48.19% in past 30-days. Number of shares sold short was 0.27 million shares which calculate 0.76 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 24.86% during past 5 years.

Digital Ally Inc (NASDAQ:DGLY)’s Major holders

Insiders are in possession of 5.90% of company’s total shares while institution are holding 3.01 percent of that, with stock having share float percentage of 3.20%. Investors also watch the number of corporate investors in a company very closely, which is 3.01% institutions for Digital Ally Inc that are currently holding shares of the company. ANSON FUNDS MANAGEMENT LP is the top institutional holder at DGLY for having 0.46 million shares of worth $0.93 million. And as of 2024-06-30, it was holding 16.0074 of the company’s outstanding shares.

On the other hand, Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 30.56 shares of worth $13139.0 or 0.55% of the total outstanding shares. The later fund manager was in possession of 16.73 shares on Nov 30, 2024 , making its stake of worth around $7191.0 in the company or a holder of 0.30% of company’s stock.