Digital Ally Inc (NASDAQ:DGLY) does about 418.84K shares in volume on a normal day but saw 2011196 shares change hands in the recent trading day. The company now has a market cap of 1.48M USD. Its current market price is $0.19, marking a decrease of -13.52% compared to the previous close of $0.22. The 52 week high reached by this stock is $3.29 whilst the lowest price level in 52 weeks is $0.20.
Digital Ally Inc (DGLY) has a 20-day trading average at $0.3758 and the current price is -94.29% off the 52-week high compared with -8.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5619 and its 200-day simple moving average is $1.4561. If we look at the stock’s price movements over the week, volatility stands at 18.31%, which decreases to 15.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 19.73 to suggest the stock is oversold.
The consensus objective for the share price is $11.00, suggesting that the stock has a potential upside of 98.27% over the period.
Maxim Group initiated its price target at $15.
The current price level is -49.98%, -66.54%, and -87.09% away from its SMA20, SMA50, and SMA200 respectively, with the DGLY price moving above the 50-day SMA on current market day. Digital Ally Inc (DGLY) stock is down -38.46% over the week and -64.21% over the past month. Its price is -64.21% year-to-date and -91.17% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 98.27 percent from here.
Outstanding shares total 7.88M with insiders holding 5.90% of the shares and institutional holders owning 3.01% of the company’s common stock. The company has a return on equity of -234.89%. The beta has a value of 0.85. Price to sales ratio is 0.07.
