Shares of Digital Ally Inc. (DGLY) are higher by nearly 21% in midday trading on Wednesday. The move might be attributed to Toronto CTV news story that Ontario Provincial Police is considering body cameras.
After rising to a $7.50 intraday high DGLY shares recently traded at $7.12, putting them on track to extend their 2015 slump of 53.58%.
The stock has a 52-week range of $4.60 to $23.75. Digital Ally is down 51.95% year-over-year, compared with a 2.13% gain in the S&P 500.
DGLY reports third-quarter operating results tonight after the close.