Tuesday, September 2, 2014

Why Digital Ally (DGLY) Stock Hit a One-Year High Today

NEW YORK (TheStreet) --aShares ofaDigital Allya hit a 52-week high of $32.49 on Tuesday after the company said inquiries for its wearable cameras have increased five-foldasince the shooting in Ferguson, MO. Late last week, Digital Ally increased its full-year revenue guidance to $22.5 million, which equates to a 26.4% increase from $17.8 million in 2013. The company said on Thursday that it had received its first camera order since the fatal shooting of an unarmed black teenager in Ferguson. The Michigan police department placed the order. Must Read:aMuted Pockets of Momentum STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The stock soared 51.02% to $28.18 at 11:30 a.m. More than 10.5 million shares had changed hands, compared to the average volume ofa1,997,550. DGLY data by YCharts EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.


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