Digital Ally (NASDAQ:KUST) Upgraded to “Sell” at Wall Street Zen

Wall Street Zen upgraded shares of Digital Ally (NASDAQ:KUST) to a sell rating in a research report report published on Saturday morning.

Separately, Weiss Ratings lowered Digital Ally from a “sell (e+)” rating to a “sell (e)” rating in a report on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Digital Ally presently has a consensus rating of “Sell”.

Digital Ally Trading Down 8.0%

Shares of KUST opened at $1.15 on Friday. The company has a market capitalization of $724,500.00, a PE ratio of -0.02 and a beta of 1.35. The company has a quick ratio of 0.77, a current ratio of 0.99 and a debt-to-equity ratio of 0.13. Digital Ally has a 52 week low of $0.85 and a 52 week high of $36.90.

Insider Activity

In other Digital Ally news, major shareholder Financial Lp Hrt sold 54,638 shares of Digital Ally stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1.44, for a total value of $78,678.72. Following the transaction, the insider owned 17,869 shares in the company, valued at approximately $25,731.36. The trade was a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.01% of the stock is owned by corporate insiders.

Digital Ally Company Profile

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. The company offers in-car digital video mirror systems for law enforcement; in-car digital video event recorder systems for commercial fleets; a suite of data management web-based tools to assist fleet managers in the organization, archival, and management of videos and telematics information; miniature body-worn digital video systems for law enforcement and private security; and VuLink, an in-car device that enables an in-car digital audio/video system and a body worn digital audio/video camera system to automatically and simultaneously start recording.