Digital Ally Inc. (DGLY) Trading Up 4.1%
Digital Ally Inc. (NASDAQ:DGLY) shares were 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 changing hands. The stock had previously closed at $5.61.
Several research analysts have commented on DGLY shares. Roth Capital reissued a “neutral” rating and issued a $6.00 price objective on shares of Digital Ally in a research report on Monday, May 9th. Zacks Investment Research raised Digital Ally from a “sell” rating to a “hold” rating in a research report on Tuesday, July 12th.
The firm’s market cap is $31.23 million. The stock has a 50 day moving average price of $4.73 and a 200 day moving average price of $4.89.
Digital Ally (NASDAQ:DGLY) last announced its earnings results on Tuesday, May 10th. The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.23) by $0.11. The business had revenue of $4.41 million for the quarter, compared to the consensus estimate of $5.40 million. The business’s quarterly 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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