Digital Ally (NASDAQ:DGLY) Now Covered by Analysts at StockNews.com

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

Digital Ally Price Performance

DGLY opened at $0.97 on Friday. 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 fifty day simple moving average is $1.06 and its 200-day simple moving average is $1.84. The company has a market capitalization of $3.74 million, a price-to-earnings ratio of -0.14 and a beta of 0.86. Digital Ally has a 12-month low of $0.84 and a 12-month high of $3.29.

Digital Ally (NASDAQ:DGLY) last posted 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 for 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.