Digital Ally Inc (NASDAQ: DGLY) Disappoints Wall Street With -8.57% Stock Price Drop

In the last trading session, 19.79 million Digital Ally Inc (NASDAQ:DGLY) shares changed hands as the company’s beta touched 0.87. With the company’s per share price at $0.03 changed hands at -$0.01 or -8.57% during last session, the market valuation stood at $2.53M. DGLY’s last price was a discount, traded about -10866.67% off its 52-week high of $3.29. The share price had its 52-week low at $0.02, which suggests the last value was 33.33% up since then. When we look at Digital Ally Inc’s average trading volume, we note the 10-day average is 191.32 million shares, with the 3-month average coming to 54.81 million.

Digital Ally Inc (NASDAQ:DGLY) trade information

Instantly DGLY was in red as seen at the end of in last trading. With action 32.78%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -93.91%, with the 5-day performance at 32.78% in the green. However, in the 30-day time frame, Digital Ally Inc (NASDAQ:DGLY) is -57.33% down. Looking at the short shares, we see there were 2.53 million shares sold at short interest cover period of 0.04 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 on 2024-Mar-31.

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

If we look at who the major shareholders are, we find that insiders hold 11.50% of Digital Ally Inc shares while 41.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 47.41%. There are 41.96% 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.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 30.56 shares estimated at $977.0 under it, the former controlled 0.04% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.02% of the shares, roughly 16.59 shares worth around $530.0.