Digital Ally (DGLY) Receives News Impact Score of 0.17

Media stories about Digital Ally (NASDAQ:DGLY) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Digital Ally earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the scientific and technical instruments company an impact score of 48.1874517236974 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Digital Ally traded up $0.05, reaching $2.55, during trading on Thursday, according to Marketbeat Ratings. 500 shares of the company’s stock were exchanged, compared to its average volume of 54,534. Digital Ally has a fifty-two week low of $1.70 and a fifty-two week high of $4.95. The firm has a market capitalization of $17.83 million, a PE ratio of -1.70 and a beta of 2.52.

Digital Ally (NASDAQ:DGLY) last announced its quarterly earnings data on Tuesday, May 15th. The scientific and technical instruments company reported ($0.26) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.41) by $0.15. Digital Ally had a negative return on equity of 531.26% and a negative net margin of 108.35%. The firm had revenue of $2.47 million during the quarter. equities research analysts forecast that Digital Ally will post -0.41 EPS for the current fiscal year.

A number of brokerages have commented on DGLY. ValuEngine upgraded Digital Ally from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Maxim Group lowered Digital Ally from a “buy” rating to a “hold” rating and set a $4.00 price objective for the company. in a research report on Friday, April 13th. Zacks Investment Research lowered Digital Ally from a “hold” rating to a “sell” rating in a research report on Monday, April 23rd. Finally, Westpark Capital restated a “buy” rating and set a $5.00 price objective on shares of Digital Ally in a research report on Monday.

About Digital Ally

Digital Ally, Inc produces and sells digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audio/video recording, storage, and other products include an in-car digital audio/video recorder that is contained in a rear view mirror for law enforcement vehicles and commercial fleets; and hands-free automatic activated body-worn cameras and in-car video systems, as well as provides its law enforcement customers with audio/video surveillance from multiple vantage points.

Insider Buying and Selling by Quarter for Digital Ally (NASDAQ:DGLY)

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