Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Digital Ally Inc’s current trading price is -81.70% away from its 52-week high, while its distance from the 52-week low is 7.50%. The stock’s price range over this period has fluctuated between $0.56 and $3.29. The company, operating within the financial sector, had a trading volume of approximately 0.8 million for the day, which was noticeably higher than the average daily share volume of 0.17 million over the last 3 months.
The market performance of Digital Ally Inc’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $3.29 on 05/17/24, while the lowest value for the same duration was $0.56 on 12/17/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Digital Ally Inc (DGLY) has experienced a quarterly decline of -43.74% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.94M and boasts a workforce of 170 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0111, with a change in price of -1.3880. Similarly, Digital Ally Inc recorded 1,226,807 in trading volume during the last 100 days, posting a change of -69.75%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for DGLY stands at 4.96. Similarly, the long-term debt-to-equity ratio is also 2.41.
DGLY Stock Stochastic Average
Today’s raw stochastic average for Digital Ally Inc over the last 50 days is 14.04%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 20.25%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.49% and 38.57%, respectively.
DGLY Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded a decrease of -71.60%. However, over the last six months, the performance has been stronger by -78.11%. The price of DGLY increased 4.70% over the last 30 days. And in the last five days, it has fallen by -24.75%.
