Digital Ally Stock Price and Value Analysis

Should you buy Digital Ally stock? (NasdaqCM:DGLY). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
None.
  • This stock looks overpriced.
  • This company has wild ups and downs.
  • This company is not making money.
  • This company is less known than others.
  • This company pays no dividend.

Inside the DGLY Numbers

DGLY Price
(Digital Ally stock price per share)
$0.26
[?] PE Ratio versus Sector 89% lower than other Industrial Goods stocks
[?] PE Ratio versus Industry 95% lower than other Security & Protection Services stocks
[?] Free Cash Flow Jitter 75%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,542,323 shares shorted. With 44,636,816 shares available for purchase and an average trading volume over the past 10 trading days of 206,940, it would take at least 12.285 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Is Digital Ally Stock on Sale?

Based on our analysis, we believe that you should not buy Digital Ally right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy DGLY Stock?

Does Digital Ally have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.