Digital Ally (DGLY) Stock Price, News & Analysis

Company Overview

Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices. It also provides EVO Web, a web-based software that enables police departments and security agencies to manage digital video evidence quickly and easily; FleetVU Manager, a web-based software for commercial fleet tracking and monitoring; ThermoVu, a non-contact temperature-screening instrument that measures temperature through the wrist and controls entry to facilities when temperature measurements exceed pre-determined parameters; and Shield disinfectants and cleansers, as well as other personal protective equipment and supplies, such as masks, gloves, disposable wipes, and electrostatic sprayer to health care workers and other consumers. In addition, the company offers working capital and back-office services, including insurance and benefit verification, medical treatment documentation and coding, and collections to healthcare organizations; and operates TicketSmarter.com, an online ticketing marketplace for ticket sales, partnerships, and ticket resale services for live events, including concerts, sporting events, theatres, and performing arts. Digital Ally, Inc. was founded in 2004 and is headquartered in Lenexa, Kansas.

Key Stats

• Today's Range: $0.48 to $0.55
• 50-Day Range: $0.48 to $1.18
• 52-Week Range: $0.48 to $3.29
• Volume: 89,239 shs
• Average Volume: 508,636 shs
• Market Capitalization: $2.34 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Digital Ally Stock Analysis - MarketRank™

Digital Ally scored higher than 1% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Digital Ally.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Digital Ally is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Digital Ally is -0.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Digital Ally has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.16% of the float of Digital Ally has been sold short.

Short Interest Ratio / Days to Cover

Digital Ally has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digital Ally has recently increased by 7.33%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Digital Ally does not currently pay a dividend.

Dividend Growth

Digital Ally does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.16% of the float of Digital Ally has been sold short.

Short Interest Ratio / Days to Cover

Digital Ally has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Digital Ally has recently increased by 7.33%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Digital Ally this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Digital Ally insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.30% of the stock of Digital Ally is held by insiders.

Percentage Held by Institutions

Only 4.19% of the stock of Digital Ally is held by institutions.

DGLY Stock Analysis - Frequently Asked Questions

How have DGLY shares performed this year?

Digital Ally's stock was trading at $2.12 at the beginning of the year. Since then, DGLY shares have decreased by 77.4% and is now trading at $0.48.
View the best growth stocks for 2024 here.

How were Digital Ally's earnings last quarter?

Digital Ally, Inc. (NASDAQ:DGLY) issued its earnings results on Wednesday, November, 17th. The scientific and technical instruments company reported $3.20 EPS for the quarter, topping analysts' consensus estimates of ($0.80) by $4.00. The scientific and technical instruments company earned $4.64 million during the quarter. Digital Ally had a negative net margin of 85.23% and a negative trailing twelve-month return on equity of 197.62%.

When did Digital Ally's stock split?

Shares of Digital Ally reverse split on Tuesday, February 7th 2023. The 1-20 reverse split was announced on Tuesday, February 7th 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, February 7th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

How do I buy shares of Digital Ally?

Shares of DGLY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Digital Ally own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Digital Ally investors own include Zomedica (ZOM), Block (SQ), Jumia Technologies (JMIA), Digital Turbine (APPS), Nano Dimension (NNDM), NIO (NIO) and Vuzix (VUZI).

Company Calendar

• Last Earnings: 11/17/2021
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Radio & t.v. communications equipment
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:DGLY
• CUSIP: N/A
• CIK: 1342958
• Web: www.digitalallyinc.com
• Phone: (913) 814-7774
• Fax: 913-814-7775
• Employees: 150
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($7.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-25,690,000.00
• Net Margins: -85.23%
• Pretax Margin: -84.84%
• Return on Equity: -197.62%
• Return on Assets: -43.26%

Debt

• Debt-to-Equity Ratio: 1.61
• Current Ratio: 0.51
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: $23.42 million
• Price / Sales: 0.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.09 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 4,885,000
• Free Float: 4,577,000
• Market Cap: $2.34 million
• Optionable: No Data
• Beta: 0.82