Research analysts at StockNews.com started coverage on shares of Digital Ally (NASDAQ:DGLY – Get Free Report) in a research note issued to investors on Thursday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.
Digital Ally Trading Down 5.5 %
Digital Ally stock opened at $2.75 on Thursday. The company has a current ratio of 0.61, a quick ratio of 0.48 and a debt-to-equity ratio of 0.65. Digital Ally has a 12-month low of $1.73 and a 12-month high of $4.56. The firm has a 50 day moving average of $2.68 and a 200 day moving average of $2.35. The firm has a market capitalization of $7.92 million, a price-to-earnings ratio of -0.33 and a beta of 0.72.
Digital Ally (NASDAQ:DGLY – Get Free Report) last posted its earnings results on Friday, May 17th. The scientific and technical instruments company reported ($1.37) earnings per share for the quarter. The business had revenue of $5.53 million during the quarter. Digital Ally had a negative net margin of 89.17% and a negative return on equity of 155.99%.
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.
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