Digital Ally (NASDAQ:KUST) Rating Increased to Sell at Wall Street Zen

Digital Ally (NASDAQ:KUST) was upgraded by analysts at Wall Street Zen 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. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Digital Ally Stock Performance

KUST opened at $1.15 on Friday. Digital Ally has a 52 week low of $0.85 and a 52 week high of $36.90. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.99 and a quick ratio of 0.77.

Insider Buying and Selling

In other Digital Ally news, major shareholder Financial Lp Hrt sold 54,638 shares of Digital Ally stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1.44, for a total value of $78,678.72. Following the completion of the sale, the insider owned 17,869 shares in the company, valued at $25,731.36. The trade was a 75.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.01% of the stock is owned by company 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.