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

Several equities research analysts have recently commented on the stock. Zacks Investment Research raised shares of Digital Ally from a “sell” rating to a “hold” rating in a research report on Tuesday. Roth Capital raised shares of Digital Ally to a “hold” rating in a research report on Thursday, May 12th.

The company’s market capitalization is $28.92 million. The company has a 50 day moving average of $3.93 and a 200-day moving average of $4.90.

Digital Ally (NASDAQ:DGLY) last released its earnings results on Tuesday, May 10th. The company reported ($0.34) EPS for the quarter, missing the consensus estimate of ($0.23) by $0.11. The firm had revenue of $4.41 million for the quarter, compared to analysts’ expectations of $5.40 million. The company’s quarterly revenue was up 3.7% on a year-over-year basis. Equities analysts predict that Digital Ally Inc. will post ($0.76) earnings per share 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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