Digital Ally Inc. (DGLY) Trading 4.1% Higher
Digital Ally Inc. (NASDAQ:DGLY)’s share price traded up 4.1% during trading on Thursday . The stock traded as high as $5.84 and last traded at $5.84, with a volume of 95,257 shares. The stock had previously closed at $5.61.
Several equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Digital Ally from a “hold” rating to a “sell” rating in a research report on Monday, May 16th. Roth Capital upgraded shares of Digital Ally to a “hold” rating in a research report on Thursday, May 12th.
The stock’s 50-day moving average price is $4.66 and its 200 day moving average price is $4.89. The company’s market capitalization is $30.70 million.
Digital Ally (NASDAQ:DGLY) last released its earnings results on Tuesday, May 10th. The company reported ($0.34) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by $0.11. The company had revenue of $4.41 million for the quarter, compared to analysts’ expectations of $5.40 million. The firm’s revenue was up 3.7% compared to the same quarter last year. Equities research analysts forecast 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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