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

by · The Markets Daily

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

Digital Ally Trading Up 2.9 %

Shares of DGLY opened at $1.06 on Tuesday. Digital Ally has a fifty-two week low of $0.84 and a fifty-two week high of $3.29. The firm has a market cap of $3.05 million, a price-to-earnings ratio of -0.13 and a beta of 0.86. The firm has a 50 day moving average price of $1.28 and a 200-day moving average price of $2.10. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51.

Digital Ally (NASDAQ:DGLY – Get Free Report) last posted its quarterly earnings results on Friday, August 16th. The scientific and technical instruments company reported ($1.74) earnings per share for the quarter. Digital Ally had a negative return on equity of 197.62% and a negative net margin of 85.23%. The business had revenue of $5.62 million during the quarter.

About Digital Ally

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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.

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