Digital Ally (DGLY) Earning Somewhat Positive News Coverage, Study Shows

Headlines about Digital Ally (NASDAQ:DGLY) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Digital Ally earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 45.3786806624805 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern’s analysis:

DGLY has been the subject of several analyst reports. ValuEngine lowered shares of Digital Ally from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Digital Ally from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Maxim Group restated a “buy” rating and issued a $9.00 price target on shares of Digital Ally in a research note on Friday, October 20th. Finally, Westpark Capital set a $8.00 price target on Digital Ally and gave the stock a “buy” rating in a research note on Friday, October 20th.

Digital Ally (NASDAQ:DGLY) opened at $2.75 on Thursday. Digital Ally has a 52 week low of $1.70 and a 52 week high of $6.00.

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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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