Digital Ally (NASDAQ:DGLY) Stock Price Crosses Above 200 Day Moving Average of $2.22

Digital Ally, Inc. (NASDAQ:DGLY)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.22 and traded as high as $2.42. Digital Ally shares last traded at $2.40, with a volume of 4,424 shares trading hands.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Digital Ally in a research report on Friday. They set a “sell” rating on the stock.

Digital Ally Stock Up 9.9 %

The firm’s 50 day moving average is $2.35 and its 200-day moving average is $2.22. The firm has a market cap of $7.39 million, a PE ratio of -0.29 and a beta of 0.79. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 0.42.

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

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.