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

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

Digital Ally Stock Performance

NASDAQ:DGLY opened at $1.97 on Thursday. Digital Ally has a 1-year low of $1.73 and a 1-year high of $5.79. The firm has a market capitalization of $5.50 million, a price-to-earnings ratio of -0.21 and a beta of 0.81. The company’s 50-day moving average is $2.32 and its two-hundred day moving average is $2.22. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.69 and a quick ratio of 0.52.

Digital Ally (NASDAQ:DGLY) last announced its quarterly earnings results on Monday, April 1st. The scientific and technical instruments company reported ($2.67) EPS for the quarter. The business had revenue of $6.23 million during the quarter. Digital Ally had a negative net margin of 90.01% and a negative return on equity of 123.47%.

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.