Gaining Ground: Digital Turbine Inc (APPS) Closes Lower at 4.58, Down -4.48

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The price of Digital Turbine Inc (NASDAQ: APPS) closed at $4.58 in the last session, down -4.48% from day before closing price of $4.80. In other words, the price has decreased by -$4.48 from its previous closing price. On the day, 3.19 million shares were traded.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.99 while its Price-to-Book (P/B) ratio in mrq is 2.94.

Stock Price History:

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 30.05%, while the 200-Day Moving Average is calculated to be 53.72%.

Shares Statistics:

A total of 104.83M shares are outstanding, with a floating share count of 90.85M. Insiders hold about 13.48% of the company’s shares, while institutions hold 55.20% stake in the company.

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