Digital Ally (NASDAQ:DGLY) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Digital Ally (NASDAQ:DGLY) in a research report sent to investors on Monday. The firm issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Down 25.3 %

Shares of Digital Ally stock opened at $0.45 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.43 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $2.49 million, a price-to-earnings ratio of -0.06 and a beta of 0.89. Digital Ally has a twelve month low of $0.43 and a twelve month high of $3.29. The business’s 50 day simple moving average is $0.73 and its 200-day simple moving average is $1.18.

Digital Ally (NASDAQ:DGLY) last released its quarterly earnings results on Monday, December 30th. The scientific and technical instruments company reported ($0.91) earnings per share for the quarter. Digital Ally had a negative net margin of 85.23% and a negative return on equity of 197.62%.

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.