DGLY stock: buy or sell?
May 14th, 2020
Digital Ally, Inc. produces digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally.
Should I buy DGLY stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Digital Ally stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Digital Ally stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for DGLY stock for the last 30 days.
DGLY stock analysis
Digital Ally shares depreciated -1.19% to $0.83 today.
Shares of Digital Ally depreciated an unpleasant -1.19% and closed at $0.83. Since price and SMA100d lines crossed down on February, DGLY fell $-0.47 per share (-36.15%).
Digital Ally ended this week at $0.83 and slipped a terrifying -4.60%. Late March DGLY plunged a frightening -16.88% in just one week. By mid April DGLY rocketed an exceptional 6.52% in just one week.
DGLY stock price history
DGLY stock went public on May 16th, 2007 with a price of $18.001. Since then, DGLY stock sliced a -95.40%, with a yearly average of -8.00%.
1: Adjusted price after possible price splits or reverse-splits.
DGLY stock historical price chart
DGLY stock reached 52-week highs at $4.49, and all-time highs 2008-05-15 with a price of 91.28.
DGLY stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' DGLY stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Digital Ally stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, when Digital Ally posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a scary correction of -22.54% to $11.29 million USD. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) collapsed a -53.62% to -137.67%.
|2012||$18 M||-||$-1.97 M-11.2%||-|
|2013||$18 M||1.19%||$-2.50 M-14.0%||26.90%|
|2014||$17 M||-2.16%||$-9.16 M-52.5%||266.53%|
|2015||$20 M||14.82%||$-12.04 M-60.1%||31.37%|
|2016||$17 M||-17.25%||$-12.71 M-76.7%||5.59%|
|2017||$15 M||-12.05%||$-12.25 M-84.1%||-3.60%|
|2018||$11 M||-22.54%||$-15.54 M-137.7%||26.87%|
Quarterly financial resultsDigital Ally reported $2.38 million in revenues for 2018-Q4, a -17.36% less compared to previous quarter. Reported quarter earnings marked $-5.33 million with a profit margin of -224.02%. Profit margin plummed a -61.91% compared to previous quarter when profit margin was -162.11%. When comparing revenues to same quarter last year, Digital Ally sales marked a frightening decrease and plummed a -17.35%. Looking back to recent quarterly results, Digital Ally posted 2 negative quarters in a row.
|2017-Q1||$5 M||-||$-2.03 M-38.8%||-|
|2017-Q2||$3 M||-33.27%||$-2.33 M-66.8%||14.78%|
|2017-Q3||$3 M||-14.51%||$-3.49 M-117.1%||49.93%|
|2017-Q4||$3 M||-3.55%||$-4.40 M-152.9%||25.95%|
|2018-Q1||$2 M||-14.11%||$-2.59 M-104.7%||-41.17%|
|2018-Q2||$4 M||44.19%||$-2.96 M-83.1%||14.48%|
|2018-Q3||$3 M||-19.24%||$-4.67 M-162.1%||57.47%|
|2018-Q4||$2 M||-17.36%||$-5.33 M-224.0%||14.19%|
Digital Ally ownershipReviewing Digital Ally ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Digital Ally, 25.15% of all outstanding shares are owned by its staff.
In case of Digital Ally stock, 3.99% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DGLY stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$13.4 M|
|Total shares||16.1 M|
|Float shares||12.2 M|
|- Institutional holdings (%)||4.0%|
|- Insider holdings (%)||25.1%|
|Shares in short selling||0.0%|
|Thursday, May 14th, 2020|
|Day range||$0.74 - $0.85|
|Average true range||$0.06|
|50d mov avg||$0.87|
|100d mov avg||$0.98|
|200d mov avg||$1.10|
Digital Ally performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Digital Ally, the comparison is made against .