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.
Digital Turbine Inc (NASDAQ: APPS) closed the day trading at $2.84 down -7.94% from the previous closing price of $3.09. In other words, the price has decreased by -$7.94 from its previous closing price. On the day, 3.76 million shares were traded. APPS stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.76.
Ratios:
For a better understanding of APPS, let’s 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 298219872 and an Enterprise Value of 677944320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 1.402 whereas that against EBITDA is 24.763.
Stock Price History:
The Beta on a monthly basis for APPS is 2.44, which has changed by 0.1735537 over the last 52 weeks, in comparison to a change of 0.06429911 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 -18.96%, while the 200-Day Moving Average is calculated to be 7.87%.
Shares Statistics:
Over the past 3-months, APPS traded about 6.95M shares per day on average, while over the past 10 days, APPS traded about 3474320 shares per day. A total of 104.83M shares are outstanding, with a floating share count of 90.88M. Insiders hold about 13.46% of the company’s shares, while institutions hold 45.94% stake in the company. Shares short for APPS as of 1741910400 were 5498692 with a Short Ratio of 0.79, compared to 1739491200 on 5977029. Therefore, it implies a Short% of Shares Outstanding of 5498692 and a Short% of Float of 6.2.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
