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

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

Digital Ally Price Performance

Shares of DGLY stock opened at $1.18 on Friday. The company has a quick ratio of 0.43, a current ratio of 0.51 and a debt-to-equity ratio of 1.61. Digital Ally has a 12-month low of $0.84 and a 12-month high of $3.29. The firm has a fifty day moving average of $1.06 and a 200-day moving average of $1.83. The firm has a market capitalization of $4.55 million, a price-to-earnings ratio of -0.16 and a beta of 0.87.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings results on Friday, August 16th. The scientific and technical instruments company reported ($1.74) EPS for the quarter. Digital Ally had a negative return on equity of 197.62% and a negative net margin of 85.23%. The business had revenue of $5.62 million for the quarter.

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.