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

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

Digital Ally Stock Performance

NASDAQ DGLY opened at $0.96 on Friday. The business’s 50 day moving average price is $1.07 and its 200-day moving average price is $1.86. The company has a market cap of $2.78 million, a P/E ratio of -0.12 and a beta of 0.86. 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 has a fifty-two week low of $0.84 and a fifty-two week high of $3.29.

Digital Ally (NASDAQ:DGLY) last announced its quarterly earnings data on Friday, August 16th. The scientific and technical instruments company reported ($1.74) EPS for the quarter. The business 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

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.