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

StockNews.com initiated coverage on shares of Digital Ally (NASDAQ:DGLY) in a research note issued to investors on Wednesday morning. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Down 5.1 %

Shares of NASDAQ:DGLY opened at $0.40 on Wednesday. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.52 and a quick ratio of 0.44. The stock has a market cap of $2.23 million, a P/E ratio of -0.06 and a beta of 0.89. Digital Ally has a 1-year low of $0.38 and a 1-year high of $3.29. The firm has a fifty day moving average price of $0.61 and a 200 day moving average price of $1.03.

Digital Ally (NASDAQ:DGLY) last issued its quarterly 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 net margin of 93.21% and a negative return on equity of 407.65%.

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.