Digital Ally Inc (NASDAQ: DGLY) Surprised Bears, Looks Healthy Going Forward.

In the last trading session, 1.21 million Digital Ally Inc (NASDAQ:DGLY) shares changed hands as the company’s beta touched 0.83. With the company’s per share price at $0.22 changed hands at -$0.01 or -7.09% during last session, the market valuation stood at $1.71M. DGLY’s last price was a discount, traded about -1395.45% off its 52-week high of $3.29. The share price had its 52-week low at $0.23, which suggests the last value was -4.55% down since then. When we look at Digital Ally Inc’s average trading volume, we note the 10-day average is 0.47 million shares, with the 3-month average coming to 399.68K.

Digital Ally Inc (NASDAQ:DGLY) trade information

Instantly DGLY was in red as seen at the end of in last trading. With action -38.67%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -58.61%, with the 5-day performance at -38.67% in the red. However, in the 30-day time frame, Digital Ally Inc (NASDAQ:DGLY) is -57.88% down. Looking at the short shares, we see there were 0.27 million shares sold at short interest cover period of 0.76 days.

Digital Ally Inc (DGLY) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 24.86%.

DGLY Dividends

Digital Ally Inc is expected to release its next quarterly earnings report in March.

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

If we look at who the major shareholders are, we find that insiders hold 5.90% of Digital Ally Inc shares while 3.01% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.20%. There are 3.01% institutions holding the Digital Ally Inc stock share, with ANSON FUNDS MANAGEMENT LP the top institutional holder. As of 2024-06-30, the company held 16.0074% of the shares, roughly 0.46 million DGLY shares worth $0.93 million.