Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $3.01 in the prior trading day, Digital Turbine Inc (NASDAQ: APPS) closed at $3.10, up 2.99%. In other words, the price has increased by $2.99 from its previous closing price. On the day, 1.94 million shares were traded. APPS stock price reached its highest trading level at $3.24 during the session, while it also had its lowest trading level at $3.05.
Ratios:
Our goal is to gain a better understanding of APPS by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 325521696 and an Enterprise Value of 705246080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 1.458 whereas that against EBITDA is 25.761.
Stock Price History:
The Beta on a monthly basis for APPS is 2.42, which has changed by 0.4832536 over the last 52 weeks, in comparison to a change of 0.09765589 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 -0.99%, while the 200-Day Moving Average is calculated to be 11.65%.
Shares Statistics:
The stock has traded on average 6.71M shares per day over the past 3-months and 2218860 shares per day over the last 10 days, according to various share statistics. A total of 104.83M shares are outstanding, with a floating share count of 90.89M. Insiders hold about 13.45% of the company’s shares, while institutions hold 46.70% stake in the company. Shares short for APPS as of 1744675200 were 7031853 with a Short Ratio of 1.05, compared to 1741910400 on 5498692. Therefore, it implies a Short% of Shares Outstanding of 7031853 and a Short% of Float of 7.93.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
