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

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

Digital Ally Trading Up 2.1 %

NASDAQ DGLY opened at $1.99 on Thursday. The stock has a market capitalization of $5.57 million, a price-to-earnings ratio of -0.22 and a beta of 0.81. The business’s fifty day moving average is $2.32 and its 200-day moving average is $2.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.69 and a quick ratio of 0.52. Digital Ally has a one year low of $1.73 and a one year high of $5.79.

Digital Ally (NASDAQ:DGLY) last announced its quarterly earnings data on Monday, April 1st. The scientific and technical instruments company reported ($2.67) EPS for the quarter. Digital Ally had a negative return on equity of 123.47% and a negative net margin of 90.01%. The company had revenue of $6.23 million during the quarter.

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.