For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Digital Ally Inc (NASDAQ: DGLY) closed at $0.43 in the last session, down -1.84% from day before closing price of $0.44. In other words, the price has decreased by -$1.84 from its previous closing price. On the day, 0.11 million shares were traded. DGLY stock price reached its highest trading level at $0.44 during the session, while it also had its lowest trading level at $0.4205.
Ratios:
We take a closer look at DGLY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.52.
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 2385723 and an Enterprise Value of 13702262. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11. Its current Enterprise Value per Revenue stands at 0.585 whereas that against EBITDA is -0.832.
Stock Price History:
The Beta on a monthly basis for DGLY is 0.90, which has changed by -0.79227054 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, DGLY has reached a high of $3.29, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is -34.67%, while the 200-Day Moving Average is calculated to be -72.28%.
Shares Statistics:
According to the various share statistics, DGLY traded on average about 347.11K shares per day over the past 3-months and 834400 shares per day over the past 10 days. A total of 5.53M shares are outstanding, with a floating share count of 5.20M. Insiders hold about 5.90% of the company’s shares, while institutions hold 2.66% stake in the company. Shares short for DGLY as of 1734048000 were 272095 with a Short Ratio of 0.72, compared to 1731628800 on 301721. Therefore, it implies a Short% of Shares Outstanding of 272095 and a Short% of Float of 5.92.
