In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Digital Ally Inc (NASDAQ: DGLY) closed the day trading at $0.75 down -0.40% from the previous closing price of $0.75. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 65101.0 shares were traded. DGLY stock price reached its highest trading level at $0.773 during the session, while it also had its lowest trading level at $0.731.
Ratios:
For a better understanding of DGLY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.30.
On November 15, 2017, Maxim Group reiterated its Buy rating and also upped its target price recommendation from $9 to $4.
On August 18, 2016, Maxim Group started tracking the stock assigning a Buy rating and target price of $15.Maxim Group initiated its Buy rating on August 18, 2016, with a $15 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DGLY now has a Market Capitalization of 1423637 and an Enterprise Value of 3592006. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 0.188 whereas that against EBITDA is -0.758.
Stock Price History:
The Beta on a monthly basis for DGLY is 0.90, which has changed by -0.99929243 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, DGLY has reached a high of $1320.00, while it has fallen to a 52-week low of $0.70. The 50-Day Moving Average of the stock is -47.35%, while the 200-Day Moving Average is calculated to be -95.72%.
Shares Statistics:
Over the past 3-months, DGLY traded about 294.40K shares per day on average, while over the past 10 days, DGLY traded about 115510 shares per day. A total of 1.73M shares are outstanding, with a floating share count of 1.71M. Insiders hold about 9.91% of the company’s shares, while institutions hold 4.77% stake in the company. Shares short for DGLY as of 1764288000 were 190890 with a Short Ratio of 0.37, compared to 1761868800 on 15253. Therefore, it implies a Short% of Shares Outstanding of 190890 and a Short% of Float of 10.0600004.
