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

StockNews.com assumed coverage on shares of Digital Ally (NASDAQ:DGLY) in a report released on Wednesday. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Down 2.4 %

Shares of NASDAQ DGLY opened at $1.01 on Wednesday. The company has a market cap of $2.91 million, a price-to-earnings ratio of -0.12 and a beta of 0.87. The company has a current ratio of 0.61, a quick ratio of 0.48 and a debt-to-equity ratio of 0.65. Digital Ally has a 12 month low of $0.99 and a 12 month high of $4.05. The stock has a 50-day moving average price of $2.25 and a two-hundred day moving average price of $2.34.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings data on Friday, May 17th. The scientific and technical instruments company reported ($1.37) earnings per share (EPS) for the quarter. The company had revenue of $5.53 million for the quarter. Digital Ally had a negative return on equity of 155.99% and a negative net margin of 89.17%.

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.