Digital Ally Inc (DGLY) Stock Split History

Digital Ally Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 24, 2012 with the ratio of 1-for-8, meaning that for 8 shares of DGLY owned pre-split, shareholders then owned 1 share. The most recent stock split took place on February 08, 2023 on a 1-for-20 basis.

These actions have increased DGLY stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Digital Ally Inc's total market capitalization.

For more detailed information of Digital Ally Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Digital Ally Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when DGLY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Digital Ally Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.