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

Analysts at StockNews.com initiated coverage on shares of Digital Ally (NASDAQ:DGLY) in a report issued on Thursday. The firm set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Price Performance

Shares of Digital Ally stock opened at $0.22 on Thursday. The stock’s fifty day moving average is $0.55 and its 200 day moving average is $0.95. Digital Ally has a one year low of $0.21 and a one year high of $3.29. 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 stock has a market cap of $1.20 million, a P/E ratio of -0.03 and a beta of 0.89.

Digital Ally (NASDAQ:DGLY) last posted its quarterly earnings data on Monday, December 30th. The scientific and technical instruments company reported ($0.91) 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.