Equities researchers at StockNews.com started coverage on shares of Digital Ally (NASDAQ:DGLY – Get Free Report) in a research note issued on Friday. The brokerage set a “sell” rating on the scientific and technical instruments company’s stock.
Digital Ally Price Performance
NASDAQ DGLY opened at $0.04 on Friday. Digital Ally has a one year low of $0.02 and a one year high of $3.29. The stock has a 50-day moving average of $0.10 and a 200 day moving average of $0.54. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.44 and a current ratio of 0.52. The company has a market capitalization of $336,000.00, a price-to-earnings ratio of -0.01 and a beta of 1.07.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Digital Ally stock. Anson Funds Management LP bought a new stake in shares of Digital Ally, Inc. (NASDAQ:DGLY – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 336,824 shares of the scientific and technical instruments company’s stock, valued at approximately $177,000. Anson Funds Management LP owned about 6.09% of Digital Ally at the end of the most recent quarter. 4.19% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Digital Ally
- Profitably Trade Stocks at 52-Week Highs
- Conagra Stock Could Thrive as Tariffs Hit Other Sectors
- Bank Stocks – Best Bank Stocks to Invest In
- Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds
- What is a support level?
- Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy?
Receive News & Ratings for Digital Ally Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Digital Ally and related companies with MarketBeat.com's FREE daily email newsletter.
