Digital Ally Inc. (NASDAQ:DGLY)’s share price fell 9.7% during mid-day trading on Monday . The stock traded as low as $5.82 and last traded at $6.04, with a volume of 2,067,814 shares changing hands. The stock had previously closed at $6.69.

Several research firms have recently issued reports on DGLY. Roth Capital reaffirmed a “neutral” rating and issued a $6.00 target price on shares of Digital Ally in a report on Monday, May 9th. Zacks Investment Research lowered Digital Ally from a “hold” rating to a “sell” rating in a report on Monday, May 16th.

The stock’s market capitalization is $28.76 million. The firm’s 50-day moving average is $3.82 and its 200 day moving average is $4.95.

Digital Ally (NASDAQ:DGLY) last posted its quarterly earnings data on Tuesday, May 10th. The company reported ($0.34) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by $0.11. The business earned $4.41 million during the quarter, compared to analyst estimates of $5.40 million. The company’s revenue was up 3.7% compared to the same quarter last year. On average, equities research analysts predict that Digital Ally Inc. will post ($0.76) EPS for the current year.

Digital Ally, Inc produces digital video imaging and storage products for use in law enforcement, security and commercial applications. The Company’s products include in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets; a system that provides its law enforcement customers with audio/video surveillance from multiple vantage points and hands-free automatic activation of body-worn cameras and in-car video systems; a weather-resistant mobile digital video recording system for use on motorcycles, all-terrain vehicles (ATVs) and boats; a miniature digital video system designed to be worn on an individual’s body, and a hand-held laser speed detection device that it offers primarily to law enforcement agencies.

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