Why Digital Ally Inc (NASDAQ: DGLY) Stock Shouldn’t Be Sold In 2025

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In the last trading session, 2.01 million Digital Ally Inc (NASDAQ:DGLY) shares changed hands as the company’s beta touched 0.85. With the company’s per share price at $0.19 changed hands at -$0.03 or -13.52% during last session, the market valuation stood at $1.48M. DGLY’s last price was a discount, traded about -1631.58% off its 52-week high of $3.29. The share price had its 52-week low at $0.20, which suggests the last value was -5.26% 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 418.84K.

Digital Ally Inc (NASDAQ:DGLY) trade information

Instantly DGLY was in red as seen at the end of in last trading. With action -38.46%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -64.21%, with the 5-day performance at -38.46% in the red. However, in the 30-day time frame, Digital Ally Inc (NASDAQ:DGLY) is -64.21% down. Looking at the short shares, we see there were 0.27 million shares sold at short interest cover period of 0.76 days.

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.