Digital Ally (NASDAQ:DGLY) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Digital Ally (NASDAQ:DGLYGet Rating) in a research report released on Monday. The brokerage issued a sell rating on the scientific and technical instruments company’s stock.

Digital Ally Trading Down 3.7 %

DGLY opened at $0.33 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.49 and a quick ratio of 1.70. Digital Ally has a fifty-two week low of $0.32 and a fifty-two week high of $1.29. The firm has a market capitalization of $17.75 million, a PE ratio of -1.94 and a beta of 0.61. The company’s 50-day moving average is $0.41 and its 200 day moving average is $0.66.

Institutional Trading of Digital Ally

An institutional investor recently raised its position in Digital Ally stock. BlackRock Inc. grew its stake in shares of Digital Ally, Inc. (NASDAQ:DGLYGet Rating) by 159.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,457,820 shares of the scientific and technical instruments company’s stock after buying an additional 1,512,005 shares during the quarter. BlackRock Inc. owned 4.56% of Digital Ally worth $1,121,000 at the end of the most recent quarter. 8.90% of the stock is currently owned by institutional investors.

Digital Ally Company Profile

(Get Rating)

Digital Ally, Inc produces and sells digital video imaging, storage, and disinfectant and related safety products for use in law enforcement, security, and commercial applications in the United States and internationally. It operates through Video Solutions, Revenue Cycle Management, and Ticketing segments.

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