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 report published on Monday morning. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Stock Performance

DGLY stock opened at $0.72 on Monday. Digital Ally has a one year low of $0.70 and a one year high of $3.29. The firm has a market cap of $2.78 million, a price-to-earnings ratio of -0.10 and a beta of 0.87. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.43 and a current ratio of 0.51. The firm has a 50-day simple moving average of $1.03 and a two-hundred day simple moving average of $1.77.

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 net margin of 85.23% and a negative return on equity of 197.62%. The firm had revenue of $5.62 million for the quarter.

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.