Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Digital Turbine Inc (NASDAQ: APPS) closed at $4.63 in the last session, down -0.22% from day before closing price of $4.64. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 2.89 million shares were traded. APPS stock price reached its highest trading level at $4.93 during the session, while it also had its lowest trading level at $4.47.
Ratios:
We take a closer look at APPS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 2.54 whereas as Long-Term Debt/Eq ratio is at 2.54.
On May 29, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $10 to $5.
Craig Hallum reiterated its Buy rating for the stock on February 08, 2024, while the target price for the stock was revised from $12 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 10 ’25 when STONE WILLIAM GORDON III bought 100,000 shares for $2.59 per share. The transaction valued at 259,000 led to the insider holds 1,762,503 shares of the business.
STERLING MICHELLE M bought 7,000 shares of APPS for $10,010 on Nov 27 ’24. The Director now owns 24,640 shares after completing the transaction at $1.43 per share. On Nov 26 ’24, another insider, Chestnutt Roy H, who serves as the Director of the company, bought 7,000 shares for $1.42 each. As a result, the insider paid 9,940 and bolstered with 216,364 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, APPS now has a Market Capitalization of 486182432 and an Enterprise Value of 865906496. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 2.97. Its current Enterprise Value per Revenue stands at 1.791 whereas that against EBITDA is 31.629.
Stock Price History:
The Beta on a monthly basis for APPS is 2.59, which has changed by 0.97863245 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, APPS has reached a high of $6.86, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 40.07%, while the 200-Day Moving Average is calculated to be 60.31%.
Shares Statistics:
According to the various share statistics, APPS traded on average about 3.66M shares per day over the past 3-months and 3519440 shares per day over the past 10 days. A total of 104.83M shares are outstanding, with a floating share count of 90.87M. Insiders hold about 13.46% of the company’s shares, while institutions hold 56.23% stake in the company. Shares short for APPS as of 1745971200 were 7345632 with a Short Ratio of 2.01, compared to 1743379200 on 5542121. Therefore, it implies a Short% of Shares Outstanding of 7345632 and a Short% of Float of 8.290000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
