Analysts Offer Predictions for Digital Ally Inc.’s Q1 2017 Earnings (DGLY)
Digital Ally Inc. (NASDAQ:DGLY) – Investment analysts at Roth Capital issued their Q1 2017 earnings estimates for shares of Digital Ally in a research report issued to clients and investors on Friday. Roth Capital analyst W. Gibson forecasts that the brokerage will post earnings of ($0.36) per share for the quarter. Roth Capital also issued estimates for Digital Ally’s Q2 2017 earnings at ($0.35) EPS, Q3 2017 earnings at ($0.34) EPS and Q4 2017 earnings at ($0.26) EPS.
A number of other brokerages have also weighed in on DGLY. Zacks Investment Research upgraded Digital Ally from a “sell” rating to a “hold” rating in a research report on Tuesday, October 11th. Maxim Group started coverage on Digital Ally in a research report on Thursday, August 18th. They issued a “buy” rating and a $15.00 price objective on the stock. Finally, Westpark Capital reiterated an “outperform” rating and issued a $9.00 price objective on shares of Digital Ally in a research report on Saturday, October 22nd.
Shares of Digital Ally (NASDAQ:DGLY) opened at 5.35 on Monday. Digital Ally has a one year low of $3.51 and a one year high of $9.00. The company’s 50-day moving average price is $5.64 and its 200 day moving average price is $5.06. The company’s market cap is $28.77 million.
In other news, Director Elliot M. Kaplan sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 24th. The stock was sold at an average price of $6.31, for a total value of $31,550.00. Following the completion of the transaction, the director now owns 54,361 shares in the company, valued at approximately $343,017.91. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 11.20% of the stock is owned by insiders.
About Digital Ally
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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