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

StockNews.com assumed coverage on shares of Digital Ally (NASDAQ:DGLY) in a research note released on Friday. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Performance

Digital Ally stock opened at $2.28 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.48 and a current ratio of 0.61. The stock has a fifty day moving average of $2.71 and a two-hundred day moving average of $2.39. The company has a market capitalization of $6.57 million, a price-to-earnings ratio of -0.27 and a beta of 0.86. Digital Ally has a fifty-two week low of $1.73 and a fifty-two week high of $4.40.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings results on Friday, May 17th. The scientific and technical instruments company reported ($1.37) earnings per share for the quarter. The company had revenue of $5.53 million for the quarter. Digital Ally had a negative return on equity of 155.99% and a negative net margin of 89.17%.

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.