Digital Ally (NASDAQ:DGLY) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Digital Ally (NASDAQ:DGLY) in a report published on Sunday morning. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Performance

Shares of DGLY opened at $1.17 on Friday. The firm has a 50-day moving average of $1.54 and a 200-day moving average of $2.20. Digital Ally has a one year low of $0.84 and a one year high of $3.40. The company has a market cap of $4.52 million, a PE ratio of -0.14 and a beta of 0.87. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.51 and a quick ratio of 0.43.

Digital Ally (NASDAQ:DGLY) last announced its earnings results on Friday, August 16th. The scientific and technical instruments company reported ($1.74) EPS for the quarter. The company had revenue of $5.62 million for the quarter. Digital Ally had a negative return on equity of 197.62% and a negative net margin of 85.23%.

About Digital Ally

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.