Digital Ally Inc (NASDAQ: DGLY) Stock: Does It Have The Potential To Rise?

In the last trading session, 48.82 million shares of the Digital Ally Inc (NASDAQ:DGLY) were traded, and its beta was 1.06. Most recently the company’s share price was $0.07, and it changed around -$0.01 or -4.97% from the last close, which brings the market valuation of the company to $5.75M. DGLY currently trades at a discount to its 52-week high of $3.29, offering almost -4600.0% off that amount.

Digital Ally Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended DGLY as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Digital Ally Inc is expected to report earnings per share of 0 for the current quarter.

Digital Ally Inc (NASDAQ:DGLY) trade information

Instantly DGLY has showed a red trend with a performance of -4.97% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.0935 on recent trading dayincreased the stock’s daily price by 25.13%. The company’s shares are currently down -86.18% year-to-date, but still down -22.44% over the last five days. On the other hand, Digital Ally Inc (NASDAQ:DGLY) is -68.97% down in the 30-day period.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 24.86%.