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

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

Digital Ally Stock Down 6.3 %

Shares of Digital Ally stock opened at $2.51 on Thursday. Digital Ally has a 1 year low of $1.73 and a 1 year high of $4.45. The business has a 50-day moving average of $2.69 and a two-hundred day moving average of $2.36. The company has a market capitalization of $7.23 million, a P/E ratio of -0.30 and a beta of 0.72. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.61 and a quick ratio of 0.48.

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

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.