Why Digital Ally Shares Are Trading Higher Today

Digital Ally DGLY shares are trading higher, potentially amid unrest across U.S. cities, as the company produces digital imaging products for law enforcement. The company filed for a 2.34 million share common stock offering.

As protests against police brutality continue throughout the U.S., companies such as Digital Ally can potentially benefit as it is a maker in the policing field. Other companies that make police gear may also benefit.

Digital Ally produces digital video imaging and storage products for use in law enforcement, security, and commercial applications. Its products are an in-car digital video/audio recorder contained in a rear-view mirror for use in law enforcement and commercial fleets.

Digital Ally shares were trading 13% higher to $5.65 at time of publication on Tuesday. The stock has a 52-week high of $7.10 and a 52-week low of $0.64.