The stock price of Digital Ally Inc (NASDAQ: DGLY) has plunged by -1.48 when compared to previous closing price of 0.04, but the company has seen a -6.32% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-07 that Overland Park, KS, May 07, 2025 (GLOBE NEWSWIRE) — Digital Ally, Inc. (Nasdaq: DGLY) (the “Company”) today reported that by decision dated May 1, 2025, the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for continued listing on The Nasdaq Stock Market LLC (“Nasdaq”). The Company’s continued listing on Nasdaq is subject to, among other conditions, the Company’s compliance with certain criteria for continued listing on The Nasdaq Capital Market, namely the $2.5 million stockholders’ equity requirement by May 20, 2025, and the $1.00 bid price requirement by June 6, 2025, and the Company’s continued compliance with all other applicable listing criteria through September 2, 2025.
Is It Worth Investing in Digital Ally Inc (NASDAQ: DGLY) Right Now?
Additionally, the 36-month beta value for DGLY is 0.85. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for DGLY is 5.76M and currently, short sellers hold a 30.83% ratio of that float. The average trading volume of DGLY on May 19, 2025 was 19.67M shares.
DGLY’s Market Performance
The stock of Digital Ally Inc (DGLY) has seen a -6.32% decrease in the past week, with a -92.42% drop in the past month, and a -97.39% fall in the past quarter. The volatility ratio for the week is 26.76%, and the volatility levels for the past 30 days are at 37.45% for DGLY. The simple moving average for the last 20 days is -89.69% for DGLY stock, with a simple moving average of -99.65% for the last 200 days.
Analysts’ Opinion of DGLY
Maxim Group, on the other hand, stated in their research note that they expect to see DGLY reach a price target of $4, previously predicting the price at $9. The rating they have provided for DGLY stocks is “Buy” according to the report published on November 15th, 2017.
Maxim Group gave a rating of “Buy” to DGLY, setting the target price at $15 in the report published on August 18th of the previous year.
DGLY Trading at -94.53% from the 50-Day Moving Average
After a stumble in the market that brought DGLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.94% of loss for the given period.
Volatility was left at 37.45%, however, over the last 30 days, the volatility rate increased by 26.76%, as shares sank -92.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -97.14% lower at present.
During the last 5 trading sessions, DGLY fell by -6.32%, which changed the moving average for the period of 200-days by -99.88% in comparison to the 20-day moving average, which settled at $0.3881. In addition, Digital Ally Inc saw -99.62% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DGLY
Current profitability levels for the company are sitting at:
- -0.99 for the present operating margin
- 0.16 for the gross margin
The net margin for Digital Ally Inc stands at -0.94. The total capital return value is set at -4.39. Equity return is now at value -1340.84, with -53.08 for asset returns.
Based on Digital Ally Inc (DGLY), the company’s capital structure generated 1.21 points at debt to capital in total, while cash flow to debt ratio is standing at -1.18. The debt to equity ratio resting at -5.83. The interest coverage ratio of the stock is -6.62.
Currently, EBITDA for the company is 84.0 with net debt to EBITDA at -0.39. When we switch over and look at the enterprise to sales, we see a ratio of 0.32. The receivables turnover for the company is 4.02for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.35.
Conclusion
In conclusion, Digital Ally Inc (DGLY) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
