Digital Ally (NASDAQ:DGLY) Posts Earnings Results

Digital Ally (NASDAQ:DGLY) announced its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $1.41 earnings per share (EPS) for the quarter, Zacks reports. Digital Ally had a negative return on equity of 407.65% and a negative net margin of 93.21%.

Digital Ally Trading Down 5.3%

Shares of Digital Ally stock opened at $0.04 on Wednesday. The business has a fifty day simple moving average of $0.61 and a two-hundred day simple moving average of $6.15. Digital Ally has a 1 year low of $0.03 and a 1 year high of $64.00. The company has a market capitalization of $17,280.00, a price-to-earnings ratio of -0.01 and a beta of 1.29. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.52 and a quick ratio of 0.44.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Digital Ally in a report on Wednesday, May 14th. They set a “sell” rating for the company.

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.