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

StockNews.com assumed coverage on shares of Digital Ally (NASDAQ:DGLY) in a research note issued on Tuesday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.

Digital Ally Price Performance

Digital Ally stock opened at $1.07 on Tuesday. The stock has a fifty day moving average of $1.35 and a 200-day moving average of $2.13. The stock has a market capitalization of $3.08 million, a P/E ratio of -0.13 and a beta of 0.86. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51. Digital Ally has a 52 week low of $0.84 and a 52 week high of $3.29.

Digital Ally (NASDAQ:DGLY) last posted its 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 company had revenue of $5.62 million during 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.