Digital Ally (NASDAQ:DGLY) Receives New Coverage from Analysts at StockNews.com

StockNews.com began coverage on shares of Digital Ally (NASDAQ:DGLY) in a research note released on Friday. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Trading Up 9.9 %

Shares of Digital Ally stock traded up $0.24 on Friday, reaching $2.64. The company had a trading volume of 18,173 shares, compared to its average volume of 9,738. The firm has a market cap of $7.39 million, a price-to-earnings ratio of -0.29 and a beta of 0.79. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.69 and a quick ratio of 0.52. The firm’s 50-day moving average price is $2.35 and its two-hundred day moving average price is $2.22. Digital Ally has a 1 year low of $1.73 and a 1 year high of $5.79.

Digital Ally (NASDAQ:DGLY) last issued its quarterly earnings results on Monday, April 1st. The scientific and technical instruments company reported ($2.67) earnings per share (EPS) for the quarter. Digital Ally had a negative return on equity of 123.47% and a negative net margin of 90.01%. The business had revenue of $6.23 million for the quarter.

Digital Ally Company Profile

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. It operates through three segments: Video Solutions, Revenue Cycle Management, and Entertainment. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; body-worn digital video systems for law enforcement and private security; and VuLink ecosystem that provides intuitive auto-activation functionality as well as coordination between multiple recording devices.