StockIceMan's Weekly Stock Pick
Week of
August 18, 2008
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Stock: |
Digital Ally,Inc. |
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Ticker Symbol: |
DGLY - Nasdaq -
Technical Instruments |
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Buy: |
7.00
to 7.25 |
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Sell: |
10.00 |
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Info: |
Digital Ally, Inc. develops, manufactures, and
markets advanced video surveillance products for
law enforcement, homeland security, and
commercial security applications. The company's
primary focus is the field of digital video
imaging and storage. Its products include in-car
digital video system and digital video
flashlights. The company's products make video
and audio recordings onto flash memory cards
that are incorporated into the body of the
digital video rear view mirror and the
flashlight. It serves the law enforcement
community; private security companies; homeland
security market; general consumer and commercial
markets; and the original equipment
manufacturing market primarily in the United
States. The company sells its products through
direct sales force and third party distributors.
Digital Ally, Inc. was founded in 2003 and is
headquartered in Overland Park, Kansas. |
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Financial Info: |
For
the six months ended 6/30/2008, revenues totaled
$17.5 million, up from $7.3 million. Net income
totaled $3.1 million, up from $566,000. |
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Key Ratios: |
Current
Ratio: 7.122, Total
Debt/Equity Ratio: 0, Trailing P/E: 18.11x,
Forward P/E: 10.26x, Price/Sales: 4.16,
Price/Book: 7.37 |
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Share Info: |
There are 15.80
million shares outstanding with 10.95
million shares in the trading
float. Institutions own
approximately 3.90% of the shares
outstanding. There has been 1 insider
purchase totaling 2,000 shares
and 19 insider sales totaling 280,150
shares in the last six months.
Real-Time SEC Filings
As of 7/28/2008, there were 923,210 shares short.
Net Institutional Buying:
408,352 shares last quarter. |
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Articles: |
Digital Ally, Inc. to Present at Noble Financial
Equity Conference on August 18, 2008 |
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