Digital Ally Inc. (NASDAQ:DGLY) shares saw an uptick in trading volume on Tuesday . 1,039,051 shares changed hands during mid-day trading, an increase of 31% from the previous session’s volume of 795,719 shares.The stock last traded at $5.33 and had previously closed at $5.48.

Several research firms have recently weighed in on DGLY. Zacks Investment Research lowered Digital Ally from a “hold” rating to a “sell” rating in a research note on Monday, May 16th. Roth Capital raised Digital Ally to a “hold” rating in a research note on Thursday, May 12th.

The stock’s market cap is $27.45 million. The firm’s 50-day moving average is $3.93 and its 200-day moving average is $4.90.

Digital Ally (NASDAQ:DGLY) last announced 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 firm earned $4.41 million during the quarter, compared to analyst estimates of $5.40 million. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, equities research analysts anticipate that Digital Ally Inc. will post ($0.76) earnings per share for the current fiscal 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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