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

StockNews.com began coverage on shares of Digital Ally (NASDAQ:DGLY) in a research report sent to investors on Tuesday morning. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Down 15.6 %

Shares of DGLY opened at $1.30 on Tuesday. The firm has a fifty day moving average price of $2.43 and a 200-day moving average price of $2.37. The company has a current ratio of 0.61, a quick ratio of 0.48 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $4.55 million, a P/E ratio of -0.16 and a beta of 0.87. Digital Ally has a 12-month low of $1.30 and a 12-month high of $4.05.

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

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.