Digital Ally Inc. (NASDAQ:DGLY) went down by -3.88% from its latest closing price compared to the recent 1-year high of $7.10. The company’s stock price has collected 12.63% of gains in the last five trading sessions. Press Release reported on 09/21/20 that Digital Ally Announces Sizable Order for ThermoVu(TM) Non-Contact Temperature Screening Devices
Is It Worth Investing in Digital Ally Inc. (NASDAQ :DGLY) Right Now?
Plus, the 36-month beta value for DGLY is at 0.47. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Digital Ally Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $5.00. DGLY currently public float of 22.97M and currently shorts hold a 13.62% ratio of that float. Today, the average trading volume of DGLY was 3.50M shares.
DGLY’s Market Performance
DGLY stocks went up by 12.63% for the week, with a monthly jump of 8.78% and a quarterly performance of -24.92%, while its annual performance rate touched 81.30%. The volatility ratio for the week stands at 23.40% while the volatility levels for the past 30 days are set at 12.48% for Digital Ally Inc.. The simple moving average for the period of the last 20 days is 4.23% for DGLY stocks with a simple moving average of 25.07% for the last 200 days.
Analysts’ Opinion of DGLY
Maxim Group, on the other hand, stated in their research note that they expect to see DGLY reach a price target of $4, previously predicting the price at $9. The rating they have provided for DGLY stocks is “Buy” according to the report published on November 15th, 2017.
Maxim Group gave a rating of “Buy” to DGLY, setting the target price at $15 in the report published on August 18th of the previous year.
DGLY Trading at -14.36% from the 50-Day Moving Average
After a stumble in the market that brought DGLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.59% of loss for the given period.
Volatility was left at 12.48%, however, over the last 30 days, the volatility rate increased by 23.40%, as shares sank -13.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.32% lower at present.
During the last 5 trading sessions, DGLY rose by +12.63%, which changed the moving average for the period of 200-days by +88.98% in comparison to the 20-day moving average, which settled at $2.12. In addition, Digital Ally Inc. saw 118.63% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at DGLY starting from Heckman Thomas J, who sale 110,000 shares at the price of $7.04 back on Jun 09. After this action, Heckman Thomas J now owns 863,984 shares of Digital Ally Inc., valued at $774,125 using the latest closing price.
Stock Fundamentals for DGLY
Current profitability levels for the company are sitting at:
- -115.24 for the present operating margin
- +30.96 for the gross margin
The net margin for Digital Ally Inc. stands at -95.83. The total capital return value is set at -242.02, while invested capital returns managed to touch -251.50.
When we switch over and look at the enterrpise to sales, we see a ratio of 1.90, with the company’s debt to enterprise value settled at 0.43. The receivables turnover for the company is 5.35 and the total asset turnover is 0.90. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.