Digital Ally (NASDAQ:DGLY) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Digital Ally (NASDAQ:DGLY) in a research report sent to investors on Friday. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Up 10.0 %

DGLY opened at $2.64 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.69 and a quick ratio of 0.52. Digital Ally has a 12 month low of $1.73 and a 12 month high of $5.79. The stock has a market capitalization of $7.39 million, a P/E ratio of -0.29 and a beta of 0.79. The business has a 50 day simple moving average of $2.35 and a 200-day simple moving average of $2.21.

Digital Ally (NASDAQ:DGLY) last released its earnings results on Monday, April 1st. The scientific and technical instruments company reported ($2.67) EPS for the quarter. The business had revenue of $6.23 million during 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.