Digital Ally (NASDAQ:DGLY) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com initiated coverage on shares of Digital Ally (NASDAQ:DGLY) in a research report issued on Saturday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Performance

NASDAQ:DGLY opened at $0.08 on Friday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.52 and a quick ratio of 0.44. The firm has a market cap of $424,227.70, a PE ratio of -0.01 and a beta of 0.85. The firm has a 50 day simple moving average of $0.42 and a 200-day simple moving average of $0.81. Digital Ally has a 1-year low of $0.07 and a 1-year high of $3.29.

Digital Ally (NASDAQ:DGLY) last issued its quarterly earnings results on Monday, December 30th. The scientific and technical instruments company reported ($0.91) earnings per share for the quarter. Digital Ally had a negative net margin of 93.21% and a negative return on equity of 407.65%.

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.