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

by · The Markets Daily

StockNews.com began coverage on shares of Digital Ally (NASDAQ:DGLY – Free Report) in a research note published on Wednesday. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Trading Up 2.0 %

Shares of DGLY stock opened at $1.03 on Wednesday. Digital Ally has a twelve month low of $0.84 and a twelve month high of $3.29. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 1.61. The business’s 50 day moving average is $1.17 and its two-hundred day moving average is $2.05. The company has a market capitalization of $2.97 million, a P/E ratio of -0.12 and a beta of 0.86.

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

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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