Digital Ally Up 80% As Cop Cam Rally Continues

Digital Ally DGLY continued its weeks-long rally, gaining nearly 80 percent Tuesday on continued investor enthusiasm regarding its body-mounted law enforcement cameras.

Its shares were worth about $4 each just prior to the August 9 fatal shooting by police officers of Michael Brown in Ferguson, Missouri. Digital closed Tuesday at $33.41, up 800 percent over the past month.

Taser International TASR, which makes similar products, was up 12 percent Tuesday and has gained about 52 percent since August 9.

Although both are small companies, Digital Ally is far smaller, with a market capitalization of just $57 million and revenue last year of just $17.8 million. Taser's market cap stands around $858.2 million and posted sales last year of $137.8 million.