Digital Ally And 3 Law Enforcement Stocks You May Have Never Heard Of Are Surging
Shares of Digital Ally, Inc. (NASDAQ: DGLY), a producer of digital video image and storage products for use in law enforcement, surged higher by more than 50 percent to $6.27 on Friday following the deadly shooting in Dallas in which five police offers were murdered by a sniper.
Investors and traders are likely familiar with Digital Ally's name. The company was similarly brought into the spotlight in 2014 following the lethal shooting of the teenager Michael Brown in Ferguson, Missouri.
On Friday, shares of several relatively unknown law enforcement stocks were trading higher.
Vicon Industries, Inc. (NYSE: VII), a developer of video management software, saw its shares soar higher by more than 136 percent to $1.16. The company's clients includes government entities and also operates within the electronic protection segment of the security sector, including burglar alarm systems.
COPsync Inc (NASDAQ: COYN) operates a law enforcement mobile data information system which includes real-time, in-car information sharing, communication and data interoperability network. Shares of the company were trading higher by more than 20 percent at $1.62.
Image Sensing Systems, Inc. (NASDAQ: ISNS) develops and markets video and radar processing products for use in traffic, security, police and parking applications. Shares of the company were trading higher by more than 25 percent at $2.74.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.