Short Term Rating on Digital Ally (DGLY)

Digital Ally (DGLY) has an average broker rating of 1.67, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Digital Ally (DGLY) : 3 Wall Street analysts covering Digital Ally (DGLY) believe that the average level the stock could reach for the short term is $11.67. The maximum price target given is $20 and the minimum target for short term is around $6, hence the standard deviation is calculated at $7.37.

Company shares have received an average consensus rating of Hold for the current week


Digital Ally (NASDAQ:DGLY): The stock opened at $5.32 on Tuesday but the bulls could not build on the opening and the stock topped out at $5.46 for the day. The stock traded down to $5.01 during the day, due to lack of any buying support eventually closed down at $5.23 with a loss of -4.56% for the day. The stock had closed at $5.48 on the previous day. The total traded volume was 1,223,944 shares.

Digital Ally, Inc. produces digital video imaging and storage products for use in law enforcement, security and commercial applications. The Companys products include an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets; a weather-resistant mobile digital video recording system for use on motorcycles and boats; a miniature digital video system designed to be worn on an individuals body; a system that provides its audio/video surveillance from multiple vantage points; a digital video/audio recorder contained in a flashlight sold to law enforcement agencies and other security organizations, and a hand-held laser speed detection device that it is offering primarily to law enforcement agencies. The Company sells its products to law enforcement agencies and other security organizations, consumer and commercial fleet operators through direct sales domestically and third-party distributors internationally.

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