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How to Buy Digital Ally Stock

Digital Ally Inc

Digital Ally, Inc. produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally.

Digital Ally stock last closed at $1.97, up 0.77% from the previous day, and has decreased 37.32% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.72 percentage points. Digital Ally stock is currently +13.58% from its 52-week low of $1.73, and -66.06% from its 52-week high of $5.79.

As of Apr 26, 2024, there are 2.8M DGLY shares outstanding. The market value of DGLY is $5.50M. In the last 24 hours, 7009 DGLY shares were traded.

How to Buy Digital Ally Stock

Wondering how to invest in Digital Ally stock? Here's how.
  1. Decide where to buy Digital Ally stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Digital Ally stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Choose your payment method and add your details.
  4. Evaluate Digital Ally stock: The Digital Ally ticker symbol is DGLY. Is Digital Ally stock a good investment? Should you buy shares of DGLY? How do DGLY's underlying business fundamentals look? Do top analysts think Digital Ally is a good buy? Why has DGLY's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if DGLY is a good stock to buy).
  5. Make your DGLY buy order: Decide if you will purchase DGLY shares at the current market price or use a limit order to purchase DGLY shares at a particular price.
  6. Get the latest scoop on your DGLY investment: Create a watchlist to important notifications about your new investment in Digital Ally shares.

Step 1: Decide where to buy Digital Ally stock

You need a brokerage account to access the NASDAQ market and buy DGLY shares.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to buy DGLY stock today.

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Step 3: Deposit money your brokerage account

Now that you have opened your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

Check out the tutorial below to see the process of transferring money into your new investment account.

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Step 4: Evaluate Digital Ally stock

After you have figured out the best place to buy Digital Ally stock, it's absolutely critical to research their stock before you buy, so you truly comprehend the risk and opportunity.

Digital Ally quick stats

DGLY Price
$1.97
1w %
-7.75%
1y %
-37.32%
5y %
-97.72%
P/E
-0.21x
P/B
0.51x
P/S
0.19x
PEG
N/A
Revenue
$28.25M
Earnings
-$25.69M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$5.50M
Next Earnings
May 13, 2024
Next Dividend
N/A

Digital Ally Due Diligence Checks

WallStreetZen was created to help part-time investors do better fundamental analysis quickly.

You can see all of the due diligence checks on DGLY's stock page.

Is DGLY stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge DGLY's fair value.

Using relative valuations measures:

  • DGLY may be undervalued based on its P/B ratio of 0.51x, relative to Internet Content & Information industry P/B ratio of 6.51x

You can access additional valuation research on DGLY's stock here.

DGLY Financial Health

Positive Financial Indicators:

  • There are more short-term assets than long-term liabilities on the DGLY balance sheet.
  • Total DGLY debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • There are more short-term liabilities than short-term assets on the DGLY balance sheet.
  • DGLY has a relatively high debt to equity ratio of 3.3.
  • DGLY profit margin has gone down from -58.5% to -90.9% in the past year.
  • DGLY has cash burn of 9988003. It does not have sufficient cash and short-term investments to cover this.
  • DGLY has $680.55k in cash and short term investments. This is not enough to cover its annual cash burn of $9.99M.

DGLY Technical Indicators

SMA10
2.12
SMA20
2.24
SMA50
2.32
SMA100
2.17
SMA200
2.57
MACD
-0.1
MACD Signal
-0.07
MACD Histogram
-0.03
RSI
33.58
Stochastic %K
9.14
Stochastic %D
12.07
StochRSI %K
19.84
StochRSI %D
21.94

DGLY Growth Numbers

Last year, DGLY revenue was $28.25M. In the last five year, DGLY's revenue has grown by 20.13% per year. This was faster than the Internet Content & Information industry average of 19.56%.

Find out more about DGLY's earnings and revenue performance here.

What are DGLY insiders up to?

Over the past year, executives and large shareholders at DGLY have not bought or sold any shares.

Research more about who owns DGLY shares here.

Can I get consistent income from DGLY stock?

No, Digital Ally doesn't provide an income stream by paying out dividends.

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Step 5: Make your DGLY buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Get the latest scoop on your DGLY investment

Now that you own some DGLY stock, you'll want to stay up-to-date on your shares.

Put DGLY on a watchlist to track the most important metrics related to your DGLY stock.

DGLY Feed

How to Buy Stock in Digital Ally

To reiterate, here are the 6 steps to buy Digital Ally stock:

  1. Decide where to buy Digital Ally stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Digital Ally stock
  5. Make your DGLY buy order
  6. Get the latest scoop on your DGLY investment

If you need a brokerage account, eToro is our recommended venue.

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If you would like to keep track of your new investment in Digital Ally, create your watchlist below.

NASDAQ: DGLY
$1.97+0.02 (+0.77%)
Updated Apr 26, 2024
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NASDAQ: DGLY
$1.97+0.02 (+0.77%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Digital Ally share?

As of Apr 26, 2024, it costs $1.97 to buy one share of Digital Ally stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.98, you can buy 0.5 shares of DGLY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Digital Ally stock?

One way to place an order for Digital Ally stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.