Digital Ally (NASDAQ:DGLY) Announces Earnings Results

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

Digital Ally Stock Down 0.7 %

NASDAQ DGLY traded down $0.00 on Monday, reaching $0.52. The company had a trading volume of 127,598 shares, compared to its average volume of 501,966. Digital Ally has a 52-week low of $0.48 and a 52-week high of $3.29. The company has a quick ratio of 0.43, a current ratio of 0.51 and a debt-to-equity ratio of 1.61. The stock has a market capitalization of $2.56 million, a P/E ratio of -0.07 and a beta of 0.82. The company’s fifty day moving average is $0.79 and its 200 day moving average is $1.28.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on shares of Digital Ally in a research report on Sunday. They issued a “sell” rating on the stock.

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.