Digital Ally (NASDAQ:KUST) Stock Rating Upgraded by Wall Street Zen

Digital Ally (NASDAQ:KUST) was upgraded by equities research analysts at Wall Street Zen to a “sell” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings cut Digital Ally from a “sell (e+)” rating to a “sell (e)” rating in a report on Wednesday. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Digital Ally Price Performance

Shares of KUST opened at $1.15 on Friday. The company has a quick ratio of 0.77, a current ratio of 0.99 and a debt-to-equity ratio of 0.13. Digital Ally has a 12-month low of $0.85 and a 12-month high of $36.90. The stock has a market capitalization of $724,500.00, a P/E ratio of -0.02 and a beta of 1.35.

Insider Transactions at Digital Ally

In other Digital Ally news, major shareholder Financial Lp Hrt sold 54,638 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1.44, for a total transaction of $78,678.72. Following the transaction, the insider directly owned 17,869 shares in the company, valued at $25,731.36. This represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.01% of the stock is currently owned by insiders.

About Digital Ally

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 and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments. 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; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording.