Digital Ally (NASDAQ:DGLY) Announces Quarterly Earnings Results

Digital Ally (NASDAQ:DGLY) issued its quarterly earnings data on Monday. The scientific and technical instruments company reported ($0.91) earnings per share (EPS) for the quarter, Zacks reports. Digital Ally had a negative net margin of 85.23% and a negative return on equity of 197.62%.

Digital Ally Stock Down 5.3 %

Shares of DGLY stock traded down $0.03 during trading hours on Monday, reaching $0.50. The company had a trading volume of 127,465 shares, compared to its average volume of 501,943. The company has a market cap of $2.44 million, a price-to-earnings ratio of -0.07 and a beta of 0.82. The business has a fifty day simple moving average of $0.79 and a 200-day simple moving average of $1.28. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.51 and a quick ratio of 0.43. Digital Ally has a 12 month low of $0.48 and a 12 month high of $3.29.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Digital Ally in a research report on Sunday. They set a “sell” rating on the stock.

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.