Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Digital Turbine Inc’s stock clocked out at $4.98, down -4.05% from its previous closing price of $5.19. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 3.66 million shares were traded.
Ratios:
To gain a deeper understanding of APPS’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 1.08 while its Price-to-Book (P/B) ratio in mrq is 3.19.
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 31.22%, while the 200-Day Moving Average is calculated to be 64.72%.
Shares Statistics:
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 55.20% stake in the company.
