Digital Ally (NASDAQ:KUST) Upgraded by Wall Street Zen to Sell Rating

Digital Ally (NASDAQ:KUST) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a report released on Saturday.

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

Digital Ally Stock Down 8.0%

Digital Ally stock opened at $1.15 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.99 and a quick ratio of 0.77. Digital Ally has a 12 month low of $0.85 and a 12 month high of $36.90.

Insider Activity

In other news, major shareholder Financial Lp Hrt sold 54,638 shares of the 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 approximately $25,731.36. This trade represents a 75.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company 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.