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

StockNews.com assumed coverage on shares of Digital Ally (NASDAQ:DGLYGet Rating) in a research report released on Monday. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Price Performance

Digital Ally stock opened at $0.33 on Monday. Digital Ally has a 12 month low of $0.32 and a 12 month high of $1.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.49 and a quick ratio of 1.70. The business has a 50 day simple moving average of $0.41 and a 200-day simple moving average of $0.66. The stock has a market capitalization of $17.75 million, a PE ratio of -1.94 and a beta of 0.61.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Digital Ally stock. Virtu Financial LLC raised its position in Digital Ally, Inc. (NASDAQ:DGLYGet Rating) by 449.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 74,945 shares of the scientific and technical instruments company’s stock after purchasing an additional 61,305 shares during the period. Virtu Financial LLC owned about 0.15% of Digital Ally worth $59,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 8.90% of the company’s stock.

Digital Ally Company Profile

(Get Rating)

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 and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments.

Featured Stories

Receive News & Ratings for Digital Ally Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Ally and related companies with MarketBeat.com's FREE daily email newsletter.