Digital Ally Inc. (NASDAQ: DGLY) is 208.82% higher on its value in year-to-date trading and has touched a low of $0.64 and a high of $7.10 in the current 52-week trading range. The DGLY stock was last observed hovering at around $3.15 in the recent trading session, with the current loss setting it -0.14% off its average median price target of $5.00 for the next 12 months. It is also 39.8% off the consensus price target high of $5.00 offered by analysts, but current levels are 39.8% higher than the price target low of $5.00 for the same period.
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At last check, trading at $3.01, the stock is -20.52% and 29.54% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.57 million and changing -4.44% at the moment leaves the stock 115.53% off its SMA200. DGLY registered 115.75% gain for a year compared to 6-month gain of 194.39%. The firm has a 50-day simple moving average (SMA 50) of $3.0126 and a 200-day simple moving average (SMA200) of $1.4854.
The stock witnessed a -37.00% loss in the last 1 month and extending the period to 3 months gives it a 309.09%, and is 0.32% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.36% over the week and 19.60% over the month.
Digital Ally Inc. (DGLY) has around 119 employees, a market worth around $74.75M and $10.30M in sales. Profit margin for the company is -88.50%. Distance from 52-week low is 370.28% and -57.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-301.60%).
Digital Ally Inc. (DGLY) Analyst Forecasts
Digital Ally Inc. is expected to release its quarterly report on 08/18/2020 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $2.92M over the same period.The EPS is expected to grow by 54.70% this year, but quarterly earnings will post -7.50% year-over-year. Quarterly sales are estimated to grow 1.60% in year-over-year returns.
Digital Ally Inc. (DGLY) Top Institutional Holders
25 institutions hold shares in Digital Ally Inc. (DGLY), with 4.04M shares held by insiders accounting for 25.15% while institutional investors hold 5.33% of the company’s shares. The shares outstanding are 13.89M, and float is at 13.85M with Short Float at 24.96%. Institutions hold 3.99% of the Float.
Digital Ally Inc. (DGLY) Insider Activity
A total of 6 insider transactions have happened at Digital Ally Inc. (DGLY) in the last six months, with sales accounting for 4 and purchases happening 2 times. The most recent transaction is an insider sale by Heckman Thomas J, the company’s CFO, Treasurer & Secretary. SEC filings show that Heckman Thomas J sold 110,000 shares of the company’s common stock on Jun 09 at a price of $7.04 per share for a total of $0.77 million. Following the sale, the insider now owns 0.86 million shares.
Digital Ally Inc. (DGLY): Who are the competitors?
The company’s main competitors (and peers) include Sturm Ruger & Company Inc. (RGR) that is trading 43.84% up over the past 12 months. Short interest in the company’s stock has risen 75.62% from the last report on May 14, 2020 to stand at a total of 0.84 million short shares sold with a short interest ratio of 0.17.