Digital Ally (NASDAQ:DGLY) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday.

Other research analysts have also issued research reports about the company. Zacks Investment Research raised Digital Ally from a “sell” rating to a “hold” rating in a report on Thursday, June 21st. Westpark Capital reissued a “buy” rating and set a $5.00 price objective on shares of Digital Ally in a report on Monday, June 11th.

Shares of NASDAQ DGLY opened at $4.30 on Tuesday. Digital Ally has a 12 month low of $1.70 and a 12 month high of $4.95. The company has a quick ratio of 0.28, a current ratio of 0.95 and a debt-to-equity ratio of -1.42. The stock has a market cap of $24.25 million, a PE ratio of -2.87 and a beta of 3.01.

Digital Ally (NASDAQ:DGLY) last issued its quarterly earnings data on Monday, August 20th. The scientific and technical instruments company reported ($0.42) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.37) by ($0.05). Digital Ally had a negative return on equity of 1,999.82% and a negative net margin of 112.99%. The business had revenue of $3.56 million for the quarter, compared to analysts’ expectations of $4.23 million. sell-side analysts anticipate that Digital Ally will post -1.23 EPS for the current year.

Digital Ally Company Profile

Digital Ally, Inc produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audio/video recording, storage, and other products include an in-car digital audio/video recorder that is contained in a rear view mirror for law enforcement vehicles and commercial fleets; and hands-free automatic activated body-worn cameras and in-car video systems, as well as provides its law enforcement customers with audio/video surveillance from multiple vantage points.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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