Now Is A Good Time To Buy Digital Ally Inc (NASDAQ: DGLY)

During the last session, Digital Ally Inc (NASDAQ:DGLY)’s traded shares were 0.31 million, with the beta value of the company hitting 0.85. At the end of the trading day, the stock’s price was $0.35, reflecting an intraday loss of -6.71% or -$0.03. The 52-week high for the DGLY share is $3.29, that puts it down -840.0 from that peak though still a striking -5.71% loss since the share price plummeted to a 52-week low of $0.37. The company’s market capitalization is $2.80M, and the average intraday trading volume over the past 10 days was 0.28 million shares, and the average trade volume was 360.94K shares over the past three months.

Digital Ally Inc (NASDAQ:DGLY) trade information

Digital Ally Inc (DGLY) registered a -6.71% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -6.71% in intraday trading to $0.35, hitting a weekly high. The stock’s 5-day price performance is -19.32%, and it has moved by -26.15% in 30 days. Based on these gigs, the overall price performance for the year is -83.12%. The short interest in Digital Ally Inc (NASDAQ:DGLY) is 0.27 million shares and it means that shorts have 0.76 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 24.86%.

DGLY Dividends

Digital Ally Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Digital Ally Inc insiders own 5.90% of total outstanding shares while institutional holders control 3.01%, with the float percentage being 3.20%. ANSON FUNDS MANAGEMENT LP is the largest shareholder of the company, while 15.0 institutions own stock in it. As of 2024-06-30, the company held over 0.46 million shares (or 16.0074% of all shares), a total value of $0.93 million in shares.