DGLY stock: buy or sell?

DGLY stock price: $0.83 -1.19% At close on May 14th, 2020

Updated on:
May 14th, 2020

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Digital Ally depreciated an unpleasant -1.19% and closed at $0.83.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean DGLY will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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%).

DGLY stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

How 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.
DGLY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.36n/a
2017-Q2-n/a-0.41n/a
2017-Q3-n/a-0.56n/a
2017-Q42018-04-13n/a-0.5n/a
2018-Q12018-05-15n/a-0.26n/a
2018-Q22018-08-20-0.37-0.42n/a
2018-Q32018-11-14-0.2-0.6n/a
2018-Q42019-03-29n/a-0.51n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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%.

DGLY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2012$18 M-$-1.97 M-11.2%-
2013$18 M1.19%$-2.50 M-14.0%26.90%
2014$17 M-2.16%$-9.16 M-52.5%266.53%
2015$20 M14.82%$-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 results

Digital 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.
DGLY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
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$4 M44.19%$-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 ownership

Reviewing 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:

DGLY
Market cap$13.4 M
Total shares16.1 M
Float shares12.2 M
  - Institutional holdings (%)4.0%
  - Insider holdings (%)25.1%
Shares in short selling0.0%

DGLY summary

Thursday, May 14th, 2020
Open$0.86
Close$0.83
Day range$0.74 - $0.85
Previous close$0.84
Session gain-1.19%
Average true range$0.06
50d mov avg$0.87
100d mov avg$0.98
200d mov avg$1.10
Daily patternlb11a
Weekly pattern lt03a

Digital Ally performance

Performance 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 .
Stock3m6m12m
DGLYDigital Ally-30.83%-29.06%-73.14%

Digital Ally competitors

Unfortunately, we could not find any public company that could be defined as Digital Ally competitor. This doesn't mean Digital Ally does not have any competitor in the market, it's just we could not detected it.