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

StockNews.com assumed coverage on shares of Digital Ally (NASDAQ:DGLY) in a report released on Wednesday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Trading Down 5.8 %

Digital Ally stock opened at $0.38 on Wednesday. Digital Ally has a 1 year low of $0.37 and a 1 year high of $3.29. The firm’s 50-day moving average is $0.60 and its 200-day moving average is $1.03. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.44 and a current ratio of 0.52. The company has a market cap of $2.10 million, a P/E ratio of -0.06 and a beta of 0.89.

Digital Ally (NASDAQ:DGLY) last issued its earnings results on Monday, December 30th. The scientific and technical instruments company reported ($0.91) earnings per share (EPS) for the quarter. Digital Ally had a negative return on equity of 407.65% and a negative net margin of 93.21%.

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.