Digital Ally Inc's fundamentals are relatively weak, and its growth potential is significant.Its valuation is considered overvalued, ranking 44 out of 54 in the Communications & Networking industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 4.00.In the medium term, the stock price is expected to trend down.The company has shown very weak stock market performance over the past month, in line with its fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

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Its latest quarterly revenue reached 4.54M, representing a year-over-year increase of 11.98%, while its net profit experienced a year-over-year increase of 70.56%.
The current valuation score of Digital Ally Inc is 8.43, ranking 12 out of 54 in the Communications & Networking industry. Its current P/E ratio is -0.00, which is -100.00% below the recent high of 0.00 and -8666.67% above the recent low of -0.03.

The current earnings forecast score of Digital Ally Inc is 8.00, ranking 11 out of 54 in the Communications & Networking industry. The average price target is 4.00, with a high of 4.00 and a low of 4.00.


Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Digital Ally Inc is 3.88, ranking 54 out of 54 in the Communications & Networking industry. Currently, the stock price is trading between the resistance level at 1.32 and the support level at 0.52, making it suitable for range-bound swing trading.

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The latest institutional shareholding proportion is 2.40%, representing a quarter-over-quarter increase of 0.00%. The largest institutional shareholder is The Vanguard, holding a total of 0.00 shares, representing 0.00% of shares outstanding, with 100.00% decrease in holdings.

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Communications & Networking domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Digital Ally Inc is 2.46, ranking 46 out of 54 in the Communications & Networking industry. The company's beta value is 0.97. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.