Digital Ally Inc [NASDAQ: DGLY] traded at a high on Tuesday, posting a 66.00 gain after which it closed the day’ session at $4.15.
The results of the trading session contributed to over 8481657 shares changing hands. Over the past one week, the price volatility of Digital Ally Inc stands at 32.24% while the volatility over the past one month is 55.34%.
Compared to the average trading volume of 291.95K shares, DGLY reached a trading volume of 8481657 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Digital Ally Inc [DGLY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DGLY shares is $22000.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DGLY stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Aegis Capital have made an estimate for Digital Ally Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 29, 2020. While these analysts kept the previous recommendation, Maxim Group dropped their target price from $9 to $4. The new note on the price target was released on November 15, 2017, representing the official price target for Digital Ally Inc stock. Previously, the target price had yet another raise to $15, while Maxim Group analysts kept a Buy rating on DGLY stock. On November 13, 2015, analysts decreased their price target for DGLY shares from 16 to 7.
The Average True Range (ATR) for Digital Ally Inc is set at 8.05, with the Price to Sales ratio for DGLY stock in the period of the last 12 months amounting to 0.37. The Price to Book ratio for the last quarter was 0.00, with the Price to Cash per share for the same quarter was set at 2.25.
How has DGLY stock performed recently?
Digital Ally Inc [DGLY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.21. With this latest performance, DGLY shares dropped by -92.62% in over the last four-week period, additionally sinking by -99.72% over the last 6 months – not to mention a drop of -99.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DGLY stock in for the last two-week period is set at 25.40, with the RSI for the last a single of trading hit 23.30, and the three-weeks RSI is set at 27.42 for Digital Ally Inc [DGLY]. The present Moving Average for the last 50 days of trading for this stock 55.03, while it was recorded at 3.16 for the last single week of trading, and 1,069.67 for the last 200 days.
Digital Ally Inc [DGLY]: Deeper insight into the fundamentals
Digital Ally Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.08 and a Current Ratio set at 1.32.
