StockNews.com Initiates Digital Ally (NASDAQ:DGLY) Coverage

Investment analysts at StockNews.com initiated coverage on the stock Digital Ally (NASDAQ:DGLY – Get a Free Report) in a note to investors on Tuesday. The firm set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Price Performance

Shares of NASDAQ:DGLY opened at $1.07 on Tuesday. The firm has a market cap of $3.08 million, a P/E ratio of -0.13 and a beta of 0.86. Digital Ally has a 12 month low of $0.84 and a 12 month high of $3.29. The company has a fifty day simple moving average of $1.35 and a 200 day simple moving average of $2.13. The company has a quick ratio of 0.43, a current ratio of 0.51, and a debt-to-equity ratio of 1.61.

Digital Ally (NASDAQ:DGLY – Get Your Free Report ) last issued its quarterly earnings data on Friday, August 16th. The scientific and technical instruments company reported ($1.74) earnings per share (EPS) for the quarter. Digital Ally had a negative return on equity of 197.62% and a negative net margin of 85.23%. The company had revenue of $5.62 million for the quarter.

Digital Ally Company Profile

(Get a free report)

Digital Ally, Inc manufactures and sells digital video imaging, storage and disinfectants 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 digital in-car video mirror systems for law enforcement; Digital video event recording systems for cars for commercial fleets; a suite of web-based data management tools to assist fleet managers in organizing, archiving and managing video and telematics information; body-worn digital video systems for law enforcement and private security; and the VuLink ecosystem that provides intuitive self-activation functionality as well as coordination between multiple recording devices.

Read more

Get news and reviews 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.