Digital Ally Inc./NV (NASDAQ:DGLY) Short Interest Update
by Scott Moore · The Cerbat GemDigital Ally Inc./NV (NASDAQ:DGLY – Get Free Report) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 107,534 shares, a drop of 43.7% from the November 30th total of 190,890 shares. Based on an average daily volume of 106,105 shares, the short-interest ratio is currently 1.0 days. Currently, 5.7% of the company’s shares are sold short. Currently, 5.7% of the company’s shares are sold short. Based on an average daily volume of 106,105 shares, the short-interest ratio is currently 1.0 days.
Digital Ally Inc./NV Stock Down 3.7%
NASDAQ DGLY traded down $0.03 on Monday, reaching $0.71. The company had a trading volume of 19,338 shares, compared to its average volume of 280,314. The company’s fifty day moving average is $1.37 and its 200-day moving average is $1.80. The firm has a market capitalization of $1.35 million, a price-to-earnings ratio of 0.00 and a beta of 0.89. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.72 and a current ratio of 0.99. Digital Ally Inc./NV has a 1-year low of $0.70 and a 1-year high of $1,320.00.
Digital Ally Inc./NV (NASDAQ:DGLY – Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The scientific and technical instruments company reported ($0.59) EPS for the quarter, beating analysts’ consensus estimates of ($2.01) by $1.42. The company had revenue of $4.54 million for the quarter, compared to analyst estimates of $3.60 million. Digital Ally Inc./NV had a negative return on equity of 190.13% and a negative net margin of 45.36%.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Digital Ally Inc./NV in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Digital Ally Inc./NV
About Digital Ally Inc./NV
Digital Ally, Inc, headquartered in Lenexa, Kansas, is a technology company specializing in video imaging and data capture systems for law enforcement, commercial fleets, security agencies and tactical operations. Founded in 2004, Digital Ally is listed on the NASDAQ under the ticker DGLY and has established itself as a supplier of high-performance digital recording equipment designed to withstand the rigors of public safety and field environments.
The company’s core product offerings include in-vehicle digital video recorders (DVRs), body-worn cameras and integrated video management solutions that enable real-time monitoring, event recording and evidence preservation.