StockNews.com Begins Coverage on Digital Ally (NASDAQ:DGLY)

Investment analysts at StockNews.com started coverage on shares of Digital Ally (NASDAQ:DGLY) in a research note issued on Wednesday. The firm set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Price Performance

NASDAQ DGLY opened at $1.05 on Wednesday. Digital Ally has a one year low of $0.84 and a one year high of $3.29. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51. The business has a fifty day moving average price of $1.23 and a 200 day moving average price of $2.08. The company has a market cap of $3.01 million, a P/E ratio of -0.12 and a beta of 0.86.

Digital Ally (NASDAQ:DGLY) last issued its earnings results 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%.

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.