Digital Ally Inc (NASDAQ: DGLY) Is Down -48.68% In A Month. Could There Be Any Hope That It Will Rise Soon?

During the last session, Digital Ally Inc (NASDAQ:DGLY)’s traded shares were 64.08 million, with the beta value of the company hitting 1.15. At the end of the trading day, the stock’s price was $0.04, reflecting an intraday loss of -9.68% or -$0.01. The 52-week high for the DGLY share is $3.29, that puts it down -8125.0 from that peak though still a striking 25.0% gain since the share price plummeted to a 52-week low of $0.03. The company’s market capitalization is $3.40M, and the average intraday trading volume over the past 10 days was 58.98 million shares, and the average trade volume was 30.05 million shares over the past three months.

Digital Ally Inc (NASDAQ:DGLY) trade information

Digital Ally Inc (DGLY) registered a -9.68% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -9.68% in intraday trading to $0.04, hitting a weekly high. The stock’s 5-day price performance is -39.83%, and it has moved by -48.68% in 30 days. Based on these gigs, the overall price performance for the year is -98.33%. The short interest in Digital Ally Inc (NASDAQ:DGLY) is 2.53 million shares and it means that shorts have 0.04 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 on 2024-Mar-31. 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 11.50% of total outstanding shares while institutional holders control 41.96%, with the float percentage being 47.41%. ANSON FUNDS MANAGEMENT LP is the largest shareholder of the company, while 19.0 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.

Also, the Mutual Funds coming in first place with the largest holdings of Digital Ally Inc (DGLY) shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund owns about 30.56 shares. This amounts to just over 0.04 percent of the company’s overall shares, with a $1310.0 market value. The same data shows that the other fund manager holds slightly less at 16.59, or about 0.02% of the stock, which is worth about $711.0.