Digital Ally (NASDAQ:DGLY) Releases Quarterly 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 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 Price Performance

Shares of Digital Ally stock traded down $0.00 during trading on Tuesday, hitting $0.04. The stock had a trading volume of 54,403,976 shares, compared to its average volume of 5,454,890. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.52 and a quick ratio of 0.44. The firm has a market cap of $17,280.00, a P/E ratio of -0.01 and a beta of 1.29. The business has a fifty day moving average of $0.64 and a two-hundred day moving average of $6.19. Digital Ally has a fifty-two week low of $0.03 and a fifty-two week high of $64.00.

Wall Street Analyst Weigh In

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

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. 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.