Digital Ally (DGLY) Shares Surge 10% Higher

Shares of Digital Ally Inc. (DGLY) are higher by nearly 10% in midday trading Thursday, following a tweet that the video and image surveillance equipment maker will have a ‘big announcement’ tomorrow at 10am CST.

During today’s trading session, Digital Ally Inc. printed a higher than average trading volume with the issue trading 498K shares, compared to the average volume of 326.60K. The stock began trading this morning at $12.38 to currently trade $1.27 higher from the prior days close of $12.42. On an intraday basis it has gotten as low as $12.38 and as high as $13.84.

On valuation measures, DGLY has a t-12 price/sales ratio of 2.41. EPS for the same period is ($3.54). The equity has declined 12.66% in the last 4 weeks and 21.79% in the past three months. Over the past 5 trading sessions the stock has lost 4.61%. Shares of Digital Ally Inc. are down 13.19% this year.

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