Digital Ally (NASDAQ:KUST) Upgraded at Wall Street Zen

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

Separately, Weiss Ratings lowered shares of Digital Ally from a “sell (e+)” rating to a “sell (e)” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Digital Ally has an average rating of “Sell”.

Digital Ally Trading Up 10.4%

NASDAQ KUST opened at $1.27 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 0.99. Digital Ally has a 1-year low of $0.85 and a 1-year high of $36.90.

Insider Activity at Digital Ally

In related news, major shareholder Financial Lp Hrt sold 54,638 shares of Digital Ally stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1.44, for a total transaction of $78,678.72. Following the completion of the transaction, the insider directly owned 17,869 shares of the company’s stock, valued at approximately $25,731.36. The trade was a 75.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.01% of the company’s stock.

About Digital Ally

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.