Digital Ally Inc [DGLY] stock is trading at $0.08, up 12.77%. An important factor to consider is whether the stock is rising or falling in short-term value. The DGLY shares have gain 26.39% over the last week, with a monthly amount drifted -54.21%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Maxim Group reaffirmed its Buy rating on November 15, 2017, and dropped its price target to $4. On August 18, 2016, Maxim Group initiated with a Buy rating and assigned a price target of $15 on the stock. ROTH Capital downgraded its rating to a Neutral and decreased its price target to $7 on November 13, 2015. ROTH Capital reiterated its recommendation of a Buy and reduced its price target to $16 on August 10, 2015. H.C. Wainwright started tracking with a Buy rating for this stock on June 18, 2015, and assigned it a price target of $24. In a note dated June 18, 2015, Chardan Capital Markets initiated an Buy rating and provided a target price of $20 on this stock.
Digital Ally Inc [DGLY] stock has fluctuated between $0.06 and $3.29 over the past year. Digital Ally Inc [NASDAQ: DGLY] shares were valued at $0.08 at the most recent close of the market.
Analyzing the DGLY fundamentals
Digital Ally Inc [NASDAQ:DGLY] reported sales of 21.13M for the trailing twelve months, which represents a drop of -36.07%. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -1.0%, Pretax Profit Margin comes in at -1.04%, and Net Profit Margin reading is -0.94%. To continue investigating profitability, this company’s Return on Assets is posted at -0.62, Equity is -4.25 and Total Capital is -4.44. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -5.83.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0737 points at the first support level, and at 0.0678 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.0842, and for the 2nd resistance point, it is at 0.0888.
Ratios To Look Out For
For context, Digital Ally Inc’s Current Ratio is 0.52. On the other hand, the Quick Ratio is 0.44, and the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.30.
