Digital Ally (NASDAQ:DGLY) Now Covered by Analysts at StockNews.com

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

Digital Ally Price Performance

DGLY stock opened at $1.97 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.52 and a current ratio of 0.69. The firm has a market capitalization of $5.50 million, a price-to-earnings ratio of -0.21 and a beta of 0.81. The firm has a 50 day moving average price of $2.32 and a 200-day moving average price of $2.22. Digital Ally has a 52-week low of $1.73 and a 52-week high of $5.79.

Digital Ally (NASDAQ:DGLY) last announced its quarterly earnings results on Monday, April 1st. The scientific and technical instruments company reported ($2.67) earnings per share for the quarter. The firm had revenue of $6.23 million for the quarter. Digital Ally had a negative net margin of 90.01% and a negative return on equity of 123.47%.

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.