Digital Ally Inc. (NASDAQ:DGLY)’s share price traded down 2.7% during trading on Tuesday . The stock traded as low as $5.56 and last traded at $5.82, with a volume of 530,180 shares trading hands. The stock had previously closed at $5.98.

Several equities analysts have commented on the company. Zacks Investment Research downgraded Digital Ally from a “hold” rating to a “sell” rating in a report on Monday, May 16th. Roth Capital upgraded Digital Ally to a “hold” rating in a report on Thursday, May 12th.

The stock has a 50 day moving average of $4.22 and a 200 day moving average of $4.88. The company’s market cap is $30.54 million.

Digital Ally (NASDAQ:DGLY) last issued its quarterly earnings data on Tuesday, May 10th. The company reported ($0.34) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.23) by $0.11. The firm earned $4.41 million during the quarter, compared to analysts’ expectations of $5.40 million. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. Analysts expect 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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