StockNews.com Initiates Coverage on Digital Ally (NASDAQ:DGLY)

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

Digital Ally Stock Down 1.3 %

NASDAQ:DGLY opened at $0.72 on Friday. The firm has a 50-day simple moving average of $0.88 and a two-hundred day simple moving average of $1.47. The firm has a market cap of $3.53 million, a P/E ratio of -0.10 and a beta of 0.82. Digital Ally has a fifty-two week low of $0.56 and a fifty-two week high of $3.29. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51.

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.