Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.40 in the prior trading day, Digital Ally Inc (NASDAQ: DGLY) closed at $0.43, up 7.47%. In other words, the price has increased by $7.47 from its previous closing price. On the day, 0.63 million shares were traded. DGLY stock price reached its highest trading level at $0.448 during the session, while it also had its lowest trading level at $0.3751.
Ratios:
Our goal is to gain a better understanding of DGLY by taking a closer look at its different ratios. 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 2378532 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 0.91, which has changed by -0.7828283 over the last 52 weeks, in comparison to a change of 0.22263205 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 $0.40. The 50-Day Moving Average of the stock is -39.81%, while the 200-Day Moving Average is calculated to be -73.26%.
Shares Statistics:
The stock has traded on average 324.09K shares per day over the past 3-months and 903050 shares per day over the last 10 days, according to various share statistics. 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 0.78, compared to 1731628800 on 301721. Therefore, it implies a Short% of Shares Outstanding of 272095 and a Short% of Float of 5.92.
